Install

Get the latest updates as we post them — right on your browser

. Last Updated: 12/19/2014

Russian Railways

Transportation

Russian Railways

Web-site: eng.rzd.ru/

RZhD owns the second-largest rail network in the world with 85,200 kilometers of track — 43,000 kilometers of which are electrified. The company carries over 0.95 billion passengers and 1.2 billion tonnes of freight annually across 11 time zones. It is responsible for 42.3 percent of Russia’s total freight traffic (including pipelines) and more than 32.7 percent of passenger traffic. RZhD employs over 975,000 people. (Source: eng.rzd.ru)

The Russian Federation is the sole shareholder of RZhD.

Financial results (RAS, 2011):

Revenue: 1.29 trillion rubles ($39 billion)

Net income: 16.8 billion rubles ($511 million)

Headquarters: Moscow, Russian Federation

Falling Ruble Curbs International Travel From Russia

The crumbling value of the ruble currency is raising the cost of air travel and train journeys out of Russia, forcing major transport companies to either hike prices or close down unprofitable routes.

Moldova's Woes Make It Fair Game for Russia

On the surface, Moldova's Nov. 30 parliamentary election provided a victory for the country's "pro-European" parties and affirmation of their policy of European integration.

Putin Says Russia's Rainy-Day Fund Should Be Used to Save Banks

Money collected in one of Russia's two "rainy day" funds should be used to support domestic banks, President Vladimir Putin said Thursday, as he set out efforts to help Moscow counteract Western sanctions and overcome its economic woes.

Russian Train Maker Wins $2.6 Billion Moscow Metro Tender After Foreign Firms Back Out

Russian train maker Metrovagonmash has won a massive international tender to supply 96 trains for the Moscow metro after major foreign producers including Siemens and Bombardier shied away from taking part.

Russia Eyes Chinese Cash for $150 Billion Moscow-Beijing High-Speed Railway

A planned high-speed railway stretching some 7,000 kilometers between Moscow and Beijing will cost about 7 trillion rubles ($153 billion) to build, a Russian Railways executive was quoted as saying Friday.

Which 5 Russian Executives Have the Highest Paychecks?

Despite rising inflation and a falling ruble, a small percentage of Russians are apparently still doing very well, according to Forbes' latest ranking of the 25 highest-paid Russian top managers, published Thursday.

print



Most Read
advertising
Moscow Directory