RZD Reported 2015 Net Profit at 4.2 M USD
OAO RZD reported 2015 net profit of 300 M RUB (4.2 M USD), the RIA Novosti quotes OAO RZD President Oleg Belozerov. He reported OAO RZD annual results at his meeting with Russian President Vladimir Putin. OAO RZD received net loss of 44.078 B RUB (620.6 M USD) in 2014 and expected net loss of 26 B RUB (366.1 M USD) in 2015. Mr. Belozerov confirmed that the company’s plan for 2016 is to get 900 M RUB (12.7 M USD). Official OAO RZD 2015 annual report has not been published yet.
Russian Operated Freight Car Fleet Declining
Russia operated 1,412,143 freight cars in February 2016, which is -0.7% to Feb 2015, the RIA Novosti quotes OAO RZD. Operational fleet declined 0.1% to January to 939,324 cars. Mostly gondola cars were taken out of the network; the reduction is 10% in this segment (508,364 cars in Feb 2015).
FPC Leased Two Passenger Coaches to SNCF
Federal Passenger Company (FPC) leased two passenger coaches to SNCF, the TASS quotes FPC General Director Pyotr Ivanov. The coaches will be operated in overnight trains. “We leased two coaches to French railways for overnight trains”, Mr. Ivanov said. “This is our first experience and we are looking for feedback from French colleagues”. He also noted that Deutsche Bahn was also interested to lease trains. “We were in negotiations with German colleagues but reached no result
Brunswick Rail Showed 299 M USD Net Loss in 2015
Brunswick Rail showed net loss of 299.17 M USD in 2015, the Interfax reports. In 2014 the group’s net loss was 275.5 M USD. The largest portion of Brunswick Rail’s credit portfolio are eurobonds issued in November 2012 and due in 2017. Earlier the company was considering several options to refinance eurobonds with Russian and foreign banks. Brunswick Rail is one of Russia’s largest freight car leasing companies with 25,700 cars in fleet.
FGK to Buy 4,000 Cars and Lease from Large Operators
Federal Freight Company (FGK) is considering leasing freight cars from Transgarant, Brunswick, GTLK and might acquire 4,000 new cars, the Interfax quotes FGK General Director Alexey Taicher. “We are in negotiations with a dozen of companies to lease their cars”, Mr. Taicher said. “We are negotiating with Transgarant, Brunswick Rail… With those who has a substantial gondola car fleet - 1,000 and over. We are also negotiating with GTLK but received no offers from them yet”. FGK
Russian Locomotives Source up to 80% of Components Abroad
The “foreign content” in Russian locomotives is 60-80%, the Interfax quotes the Audit Chamber Report. Also, the locomotive quality acquired through investments of the National Wealth Fund is very low. OAO RZD does plan to increase “import replacement” (acquisitions from Russian manufacturers) but the pace is too slow and will not allow move to become fully independent of foreign components within the locomotive acquisition term, the Audit Chamber reports.
NEVZ Produced Generators to Replace Sourcing from Ukraine
Novocherkassk Electric Locomotive Building Plant (NEVZ) manufactured prototypes of GTSN-2800 generators, the Interfax reports. The new generators would replace products earlier supplied from Ukraine. The GTSN-2800 generators will be installed at 2T25KM diesel locomotives produced by Bryansk Mechanical Works. The generators will now be tested for compliance with design documentation. After the tests a certificate for this type of generators is to be obtained.
Bezhitsk Steel Certified to Manufacture Barber Bogie Components
The components manufactured by Bezhitsk Steel can now be operated within the Customs Union (Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan). The 25 t/axle Barber bogie is produced by UniWagon. Bezhitsk Steel is part of Transmashholding.
KTZ Passenger Coach Fleet Wear Is 55-70%
The wear of Kazakhstan Railways’ passenger coach fleet is 55-70%, the 24.kz quotes Kazakhstan First Vice Minister for Investments and Development Zhenis Kasymbek. He made this statement in his speech to the Senate. “The wear of the passenger coaches operated in socially critical transportation - about 60 routes - is around 70%”, Mr. Kasymbek said. The total wear of the passenger coach fleet including liberalized routes, i.e. Talgo trains, new routes, is 55-56%”. The deficit i
Alexey Sapunkov Appointed NEVZ GM
Alexey Sapunkov is appointed General Director with Novocherkassk Electric Locomotive Building Plant (NEVZ), the Interfax reports. Prior to his appointment Mr. Sapunkov was NEVZ Technical Director. Former NEVZ General Director Igor Schedrov is promoted to Deputy General Director for Technical & Operations. NEVZ is Russia’s largest electric locomotive manufacturer based in Rostov. The plant is owned by Transmashholding.
