SNC signs road, rail deal for 2014 Winter Olympics

VANCOUVER, British Columbia, June 24 (Reuters) - SNC-Lavalin Group Inc (SNC.TO) signed an agreement on Wednesday to manage the construction and maintenance of roads and railways for the 2014 Winter Olympics in Sochi, Russia, Canadian Trade Minister Stockwell Day said.

The value of the deal, which SNC signed with state-owned Russian Railways, was not disclosed. SNC could not be reached as its head office in Montreal was closed on Wednesday for a public holiday.

Day said the transaction involved 45 km (28 miles) of road and rail, including 27 km of tunnels through area mountains.

SNC, Canada's biggest engineering company, also officially opened an office on Wednesday in Sochi, a port city on the Black Sea.

SNC's stock closed up C$1.15, or 2.7 percent, at C$43.35 on the Toronto Stock Exchange.

Day was in Russia on a trade mission and to promote Canadian expertise in infrastructure, including that of plane and train maker Bombardier (BBDb.TO).

A Russian Railways executive said last month that the firm planned to order up to 550 million euros ($765 million) worth of high-speed trains from Bombardier as Sochi readies for the Olympics.

Canada's West Coast city of Vancouver is hosting the 2010 Winter Olympics.

($1=1.39 euros) (Reporting by Nicole Mordant; editing by Rob Wilson)