RZD Targets 2017 Cost Reduction of 0.8 B RUB
OAO RZD targets 2017 cost reduction at over 50 B RUB (0.8 B USD), the TASS quotes OAO RZD President Oleg Belozerov. “Our target for the next year is to increase labour efficiency at least at 5%, according to the President’s assignment and we will do it whatever the cost will be”, Mr. Belozerov said. “Second, we will cut our costs at over 50 B RUB”. Since 2016 OAO RZD has already attained cost reduction of over 60 B RUB (0.95 B USD).
RZDStroy Wants to Manufacture MMI Track Machines in Russia
RZDstroy wants to manufacture MMI track machines in Russia, the Interfax reports. The company suggested that Remputmash manufactures these machines. “This technology is popular in Western Europe as it has certain key advantages compared to conventional track laying”, RZDStroy said. Remputmash Group is a group of companies that owns 9 facilities manufacturing track machines and spare parts. The company is 100% owned by OAO RZD. RZDStroy is a rail infrastructure manufacturer. T
Sinara’s Gas Turbine Locomotive Allowed for Serial Production
The GT1h-002 gas turbine locomotive is allowed for serial production, the Gudok quotes Sinara Transport Machines. The acceptance tests of the locomotive were successful; the locomotive is compliant with OAO RZD technical assignment. The GT1h-002 gas turbine locomotive is manufactured by Lyudinovsky Diesel Locomotive Plant. The acceptance commission allowed the plant to produce the so-called installation lot of 24 locos. OAO RZD is planning to buy one GT1h-002 locomotive in 20
RZD to Announce a 752 M USD Locomotive Leasing Tender in 2017
OAO RZD is to hold a tender for locomotive leasing in 2017, the Kommersant reports. In case leasing is more attractive than credits and if the company can save cash flow, OAO RZD is to go ahead with locomotive leasing. The amount of the tender is to be 47 B RUB (752.6 M USD). “Some locomotives are to be bought via leasing, so the 389 B RUB (6.2 B USD) amount [RZD 2017 direct costs - RRC comment] is smaller than we used to see”, OAO RZD Senior Vice President Vadim Mikhailov sa
Russian Freight Car Fleet: Status and Forecast
RZD’s Central Infrastructure Directorate shared data on freight car life expiry, the RZD-Partner reports. At the present time the Russian freight car fleet is 1.08 M. The service life of 52,900 freight cars (out of 1.08 M) has expired; in 2016 the service life of 14,300 more will expire. “Old” (manufactured over 20 years ago) cars share 29.7% of the total fleet. Cars produced 5-10 years ago have the same share. The “newest” freight cars, i.e. manufactured less than 5 years ag
Moscow Metro to Commission 8 Stations in 2016
By end-2016 Moscow Metro is to commission 8 new stations, the Gudok quotes Moscow Vice Mayor Marat Khusnullin. Three stations will be commissioned at the Kalininsko-Solntsevskaya Line and five stations at the Third Transfer Circuit. Moscow has built 15,500 m of tunnels in 2016. In total of 300 construction sites are operating employing 55,000. “Moscow Mayor took a very important decision - despite challenges, metro construction will not be stopped”, Mr. Khusnullin said. “Over
RailTransHolding to Produce Freight Cars in India
The Russian RailTransHolding, Russian Agency for Export Credits and Investments Insurance and Jindal Rail Infrastructure Limited (JRIL) signed a trilateral Strategic Agreement of Cooperation. The document was signed at the BRICS forum held in Goa, India. The parties have agreed to work on three areas of cooperation: 1. Commissioning supplies of special rolling stock manufactured by RailTransHolding to India. In particular, the company is to supply rolled steel flat cars to In
Putin Ordered Renewing Crimean Railways’ Rolling Stock Fleet
Russian President Vladimir Putin gave an assignment to renew Crimean Railways’ rolling stock fleet by 2020, the Gudok reports. The reasoning for the rolling stock fleet renewal is to arrange transit transport communications all year round and long-distance communications in the summertime. In parallel, additional energy infrastructure is to be constructed as Crimean Railways will have to be electrified.
Russia to Manufacture 34,600 Freight Cars in 2016
Russia will manufacture 34,600 freight cars in 2016, the RZD-Partner quotes Stanislav Zolotarev, Altaivagon Deputy General Director for GR and Prospective Development. He made this statement at the Round Table “Improving Efficiency of the Rail Transportation Process”. In 2015 Russia produced in total of 28,800 freight cars and expected to manufacture around 40,000 this year (+28.7%). However, this is hardly possible. The Government signed documents supporting OEM freight car
Russia to Subsidize Passenger Rail Transport at 800 M USD in 2017
Russian Ministry of Finance plans allocating 49 B RUB (800 M USD) as subsidies to passenger rail transport in 2017, the RZD TV reports. Out of this amount 31 B RUB (520 M USD) will be allocated to transit transportation and 18 B RUB (280 M USD) into long-distance transportation. The funds will be used to “reimburse the losses arising due to governmental tariff regulation for long-distance train transportation in third and second class coaches as well as transit train transpor
