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. Last Updated: 08/30/2014

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

Yakunin Gets 3 More Years as Russian Railways Chief

Vladimir Yakunin, the long-serving president of Russia's biggest employer, Russian Railways, was on Monday appointed to a new three-year term by Prime Minister Dmitry Medvedev, putting to bed months of speculation that he would get the boot.

Cost of Plan to Modernize Siberian Railroad Rises by $1.6 Billion

The cost of modernizing the legendary Trans-Siberian Railroad and the Baikal-Amur Mainline, or BAM, could increase by 59 billion rubles ($1.6 billion) — a financial burden likely to fall on the already over-burdened state budget, Vedomosti reported Tuesday.

Ramenskoye Military Airfield to Become Moscow's 4th International Airport

Ramenskoye airfield in Moscow's southwest suburbs is set to be transformed within two years into Moscow's fourth international passenger airport.

Thousands of Train Passengers Stranded in Sochi

Dozens of trains carrying thousands of passengers were stranded near the Olympic host city of Sochi following a wiring malfunction on Sunday.

Russian Post and Russian Railways Team Up for Cross-Country Mail Train

Russian Post and Russian Railways on Thursday announced the launch of a postal train that will deliver packages along a route from Moscow to the far-eastern city of Vladivostok, Interfax reported.

Moscow Metro Head Fired After Fatal Crash

Following the worst accident in the Moscow metro's 80-year history, Mayor Sergei Sobyanin fired the head of the metro's management company, Ivan Besedin, on Tuesday.

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