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. Last Updated: 04/16/2014

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

Russian Railways Denies Disruption to Ukraine Trips

Russian Railways said Friday that rail travel between Ukraine and Russia will not be disrupted, despite its Ukrainian counterpart suspending sales of domestic and international train tickets to Crimea.

Yakunin Seethes Over Russian Railway Losses

Russian Railways' monopoly has suffered a loss in the first quarter because of the government's decision to freeze freight rates, company chief Vladimir Yakunin said Wednesday.

First Russian Coal Heads to North Korean Port

Russian Railways has put to use the North Korean port it helped to upgrade recently.

Putin Relative Accuses Russian Railways of Corruption

One of President Vladimir Putin's relatives, Roman Putin, has spoken out against alleged corruption at Russian Railways, a state company headed by one of the president's closest allies.

U.S. Sanctions List Sets Dangerous Precedent

The U.S. sanctions imposed on high-ranking Russian officials caused many to gasp in dismay that the U.S. had targeted figures believed to be close to President Vladimir Putin.

Russia to Privatize Additional 431 Companies Through 2016

The Cabinet approved a plan to privatize an additional 431 companies through 2016, according to a document published on the government's website Monday.

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