Russian Railways
Transportation
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
Russian Railways countered a claim made earlier this week by Russian Post that the monopoly occasionally uncoupled rail cars containing mail, which along with the deficiencies in the work of other transportation companies was the cause of recent postal delivery delays.
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Declining freight traffic at Russian Railways will affect bonus payments to company management, said company head Vladimir Yakunin.
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The owners of Vnukovo International Airport are interested in obtaining a controlling stake in Yermolino Airport in the Kaluga Region, which may become the fourth major airline hub serving the capital, a news report said Thursday.
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Russian Railways chief Vladimir Yakunin has asked President Vladimir Putin to support its participation in the privatization of the Greek port of Thessaloniki, a news report said Wednesday.
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A roundup of today's Russian-language newspapers.
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Bloggers have published pictures of a luxury mansion, believed to be owned by Vladimir Yakunin, the head of Russian Railways and a powerful member of President Vladimir Putin's inner circle.
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