FGK to Be Turned into an Independent Operator Again
OAO Federal Freight Company (FGK) is to become an independent operator again, the Kommersant reports. OAO RZD would return 91,000 freight cars to FGK. As the freight cars are returned to FGK, it expects to attract cars from other operators. FGK is in negotiations with a dozen of operators, including UVZ-Logistics. The latter company has already requested an approval for such operating model from the Federal Antimonopoly Service. Please contact us to learn more about Federal F
OAO RZD Transported 1.2 B Tons of Freight in 2015
OAO RZD transported in total of 1.2145 B tons of freight in 2015, the RZD-Partner reports. It is -1% to the 2014 loading. The company transported: * coal – 323.3 M tons (+2.5% to 2014); * coke – 11.1 M tons (-6%); * oil and oil products – 251.2 M tons (-2.1%); * iron and manganese ores – 109 M tons (+0.4%); * ferrous metals – 71.4 M tons (-0.6%); * scrapped ferrous metals – 15 M tons (-10.1%); * chemical and mineral fertilizers – 51.4 M tons (+4.4%); * cement – 28.6 M tons (-
CPPK Reported a Reduction of Orders from Regions
Central Transit Passenger Company (CPPK) reported a reduction of orders from all regions it operates in except Moscow and Moscow Oblast. “Every year CPPK signs contracts with all 11 regions it operates in”, CPPK says in its press release. “The contract contains information on orders for transportation - routes, number of trains, number of cars in the train. All regions except Moscow and Moscow Oblast reduced its orders for transit transportation in 2016”. Regions initiated ch
Alstom Increased Share in Transmashholding to 33%
Alstom reported to have closed the deal of purchasing an additional 8% shares in Transmashholding from OAO RZD. The amount of the deal was 54 M EUR. The French company now owns 33% in Transmashholding. Alstom retained two seats in the Transmashholding Board of Directors. Transmashholding is formally owned by the Dutch Breakers Investments B.V. The beneficiaries of the company are entrepreneurs Iskander Makhmudov, Andrey Bokarev, Alstom and OAO RZD. OAO RZD is expected to sell
Oleg Belozerov, President, OAO Russian Railways (RZD): Speech at the Meeting of the Russian Federati
Dear Dmitry Anatolyevich [Medvedev, Russian Prime Minister - RRC note], dear members of the Government, let me thank you for your continuous attention and support to the railway transport. The finance plan and investment program have been discussed in detail with federal authorities and expert community. Let me thank [Deputy Vice Prime Minister - RRC note] Arkady Vladimirovich Dvorkovich, OAO RZD Chairman, for analyzing corporate issues and proposals to solve them. We have g
