RZD Expects 3% Passenger Turnover Increase in 2017

OAO RZD expects a 3% improvement of the passenger turnover in 2017, the Gudok quotes OAO RZD President Oleg Belozerov. He made this statement in course of his meeting with Russian Prime Minister Dmitry Medvedev.

The Government will allocate OAO RZD 178 B RUB for passenger transportation. Tariffs will be increased at 3.9%. Even that said, OAO RZD sets a goal to increase 3% in passenger transportation.

Mr. Belozerov also spoke about OAO RZD’s 2016 results. “Our operational results exceeded forecasts”, Mr. Belozerov said. “We scheduled 1% increase while we got +1.6% in passenger transportation”.