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Headquarters in Moscow |
|
Native name |
ОАО «РЖД» |
---|---|
Type | Open joint-stock company |
Industry | Railways |
Predecessor | Ministry of Railways of the Russian Federation [ru] (1992–2004) |
Founded | 18 September 2003; 19 years ago |
Headquarters | Red Gates Square (55°46′N 37°39′E / 55.767°N 37.650°E),
Moscow , Russia |
Area served |
Russia |
Key people |
Oleg Belozyorov (General director) Arkady Dvorkovich (chairman of the board)[1] |
Services | Rail transport, Cargo |
Revenue | $38.6 billion[2] (2017) |
Operating income |
$3.47 billion[2] (2017) |
Net income |
$2.39 billion[2] (2017) |
Total assets | $76.6 billion[2] (2017) |
Total equity | $41.3 billion[2] (2017) |
Owner | Russian Government (100%)[3] |
Number of employees |
740,315[4] (2017) |
Website | Russian Railways (English) |
Russian Railways (Russian: ОАО «Российские железные дороги» (ОАО «РЖД»), romanized: OAO Rossiyskie zheleznye dorogi (OAO RZhD)) is a Russian fully state-owned vertically integrated railway company, both managing infrastructure and operating freight and passenger train services.
The company was established on 18 September 2003, when a decree was passed to separate the upkeep and operation of the railways from the Ministry of Railways of the Russian Federation [ru].[5] RZhD is based in Moscow at Novaya Basmannaya str., 2. The operating units of the central part of the staff are at Kalanchevskaya str., 35.[6]
Railways in the autonomous region of Crimea are controlled by Crimea Railway, a separate company.[7]
History[edit]
Background and 2003 reform[edit]
After the collapse of the Soviet Union in 1991, the Russian Federation inherited 17 of the 32 regions of the former Soviet Railways (SZD).[8]
In the mid-1990s, the profitability of railway transportation of the Russian Ministry of Railways fell to negative values, the bureaucratization of the ministry itself was publicly criticized, which became an occasion for reforms. Shortly after being elected president of Russia in 2000, Vladimir Putin approved the idea of reforming the railway transport, according to which all economic functions on the railway should be transferred to a joint-stock company with 100% state participation. The start of the state program for reforming the Russian railway sector was given by the establishment of Russian Railways in October 2003. The new company received over 95% of the assets belonging to the Ministry of Railways of the Russian Federation.[9][10][11]
In 2003, the Federal Law on Railway Transport divided the Ministry of Railways into the Federal Railway Transport Agency (FRTA) and Russian Railways (RZD).[12] The reform also required RZD to provide access to railway infrastructure to other carriers and operators.[12] As the law requires carriers to provide service to customers anywhere in Russia, RZD retained its dominant position.[12]
Later in 2003, the Decree No. 585 established RZD as a joint stock company, making it a holding in charge of 63 subsidiaries, including TransContainer, RailTranAuto, Rail Passenger Directorate, Russian Troika, TransGroup, and Refservis.[12] RZD acquired 987 companies (95% in asset value) out of the 2046 that had formed the MR system.[13] Gennady Fadeyev, the Railways Minister, became the company’s first president.[14]
The reform saw the creation of a new market segment following the privatization of the network’s rolling stock. The company divided the bulk of its wagon fleet between two new operating companies, Freight One (which was later privatised) and Freight Two (renamed Federal Freight in 2012), and private players such as GlobalTrans also entering the market.[citation needed]
2000s[edit]
An old car (probably from the Soviet period) designed in the new corporate livery of Russian Railways
In 2003, RZD launched a project to replace the narrow gauge on Sakhalin Railway to the broad gauge used in the rest of Russia, which it formally completed in August 2019.[15] The share of privately owned wagons in the freight transport increased to one-third of the total by 2005.[12] On 18 May 2006, the company signed an agreement with Siemens for the delivery of eight high-speed trains.[16]
On 23 May 2007, Russian Railways adopted a new corporate style which changed fundamentally the way the Company presented itself visually to the outside world. The change of corporate identity underwent several stages during the 2007–2010 period.[17] The final version of the logo was designed by BBDO Branding.[18]
Also, commissioned by BBDO Branding The Agency HardCase Design created a family of corporate fonts RussianRail, consisting of 15 fonts. In the new company logo Sans-serif RussianRail Grotesque Medium was used. In 2008, the new logo of Russian Railways became a runner-up for the international design competition WOLDA ’08 award.[19]
Strategy 2030, an investment plan to expand and modernize the railway network, was approved by the Russian government in 2008.[20] Since 2008, as part of the structural reform of rail transport, with separation of the services infrastructure of transportation activity and the emergence of a competitive environment, Russian Railways has been transformed into a vertically oriented holding company.[21]
In 2009, the investment budget was 262.8 billion rubles (excluding VAT), of which 47.4 billion for projects related to the preparation and staging of the Olympic Games in Sochi; 58.7 billion for the renovation of the rolling stock (including supply of Sapsan trains).[citation needed]
2010s[edit]
2005–2010 modernization program of Russian Railways
In 2010, Federal Passenger Company was established as a fully owned subsidiary of Russian Railways, providing long-distance passenger services both in Russia and abroad.[22] By the end of 2013, it operated all long-distance routes, except for high-speed Sapsan lines, which are operated by RZD.[22]
RZD issued its first dollar-denominated bond in 2010, raising $1.5 billion.[23] On 28 October 2011, the Joint Stock Company Freight One, a subsidiary of Russian Railways, sold 75% of its shares minus two shares for 125.5 billion rubles (about 4 billion $) to Independent Transport Company owned by Vladimir Lisin.[21] Thus, Lisin as Russia’s largest operator of rolling stock acquired control of a quarter of the freight market.[24]
As part of its reform efforts, RZD massively reduced its workforce, from 2.2 million in the 1990s to 934,000 people in 2012.[22] In 2012, it became one of the three largest transport companies in the world.[25]
According to a Reuters inquiry, RZD procurement activities in 2012 amounted to $22.5 billion; part of this was awarded to private contractors with no genuine operations in de facto noncompetitive tenders.[26] Some of the company addresses listed on the tenders turned out to be private apartments, car repair shops or department stores.[26] It was alleged that the contractors were actually shell companies, used to convey billions of dollars in tenders to close associates of Yakunin, president of RZD.[27]
Zheldoripoteka, RZD’s real estate arm, was revealed to have sold land plots located close to railway stations in major cities to the son of Russian Railways president Vladimir Yakunin.[28] Far East Land Bridge, a company partnered with a Russian Railways subsidiary, was also linked to Yakunin’s son.[29]
On 16 October 2012, Russian Railways has completed competitive negotiations with potential buyers of the remaining 25-percent plus 1 share stake in JSC Freight One. The best binding offer was received from the Independent Transport Company LLC. The assets were sold for 50 billion rubles.[30]
In early November 2012, Russian Railways announced the purchase of 75% of the French logistics company Gefco SA. The total value of the transaction was 800 million euros, the seller being PSA Peugeot Citroen, the parent company of Gefco.[31] A program to modernize the Baikal–Amur Mainline was launched in 2013, costing the equivalent of £4 billion by 2018.[32]
In 2015, RZD International won a €1.2 billion contract to electrify the Garmsar–Inche Bourun line in Iran.[33]
In August 2015, company president Vladimir Yakunin was dismissed,[34] allegedly because of poor performance and mismanagement.[35] Yakunin was replaced by Oleg Belozyorov.[34]
RZD International began works on the reconstruction of the Serbian Vinarci – Djordjevo line in 2016.[36] The Moscow Central Circle railway, designed and managed by Roszheldorproject, an RZD subsidiary, opened in September 2016.[37] In July 2018, the company announced plans to phase out third-class carriages on long-distance trains by 2025.[38]
2020s[edit]
On 24 February 2022, in response to Russia’s invasion of Ukraine, US President Joe Biden announced economic sanctions against several Russian companies, including Russian Railways.[39]
On 8 April 2022, the shipping company CMA CGM announced to be acquiring the French logistics company Gefco SA from Russian Railways and minority shareholder Stellantis.[40]
On 11 April 2022, the Wall Street Journal and Reuters reported that the International Swaps and Derivatives Association had determined a «failure to pay» credit event occurred on 250 million CHF worth of Swiss franc loan participation notes linked to an entity related to Russian Railways, RZD Capital. The determination is considered the first step to triggering a credit default swap.[41][42]
Future projects[edit]
Planned projects[edit]
In March 2016, RZD approved an updated version of high-speed rail development program until 2030. The 5 trillion ruble program includes the construction of Moscow–Kazan–Yekaterinburg, Moscow–Adler and Moscow–Saint Petersburg high-speed lines, as well as other high-speed lines connecting regional cities.[43]
The construction program is divided into three stages. Until 2020 Russian Railways plans to put into operation the high-speed rail sections linking Moscow–Kazan (1.2 trillion rubles), Moscow–Tula (268.6 billion rubles), Chelyabinsk–Yekaterinburg (122.6 billion rubles), Tula–Belgorod (86.8 billion rubles), Yekaterinburg–Nizhny Tagil (12.9 billion rubles) and Novosibirsk–Barnaul (62.3 billion rubles). The project design of the largest container port in Ust-Luga for reception and distribution of containerized freight on China–Europe route is also part of the program.[43]
Between 2021 and 2025 RZD plans to build Rostov–Krasnodar–Adler, Tula–Voronezh high-speed rail and the extension of Kazan-Yelabuga high-speed rail, as well as other regional high-speed rail links.[43]
During the 2026–2030 third phase of the program, Russian Railways will build Moscow–Saint Petersburg high-speed rail section; the railway line will be extended from Yelabuga to Yekaterinburg, and from Voronezh to Rostov-on-Don.[43]
Proposed projects[edit]
In March 2015, at a meeting of the Russian Academy of Science, Vladimir Yakunin presented an ambitious new transport route called the Trans-Eurasian Belt Development (TEPR) which would go «through Russia with a mega road and high-speed rail network to link Asia with Europe’ and with the opportunity to go to Chukotka and Bering Strait and then to the American continent»[44] to Alaska, «making overland trips from Britain to the US (via the Channel Tunnel) a possibility.»[45]
Owners and management[edit]
The Russian Federation is the founder and sole shareholder of JSC Russian Railways. On behalf of its shareholders the powers are exercised by the Government of the Russian Federation.[46] It approves the president of the company, forms the board of directors annually and approves the annual reports.[47]
An IPO for the company was considered in 2012,[48] but it was pushed back to after 2020.[49]
The Chairman of the Board of Directors of JSC Russian Railways is Oleg Belozerov.[50] Before him, the position was occupied by Kirill Androsov from September 2011 till June 2015.,[51] and previously by Alexander Zhukov – from 20 July 2004 to September 2011 and Viktor Khristenko – from 16 October 2003 – 20 July 2004.
Gennady Fadeev was President of JSC Russian Railways from 23 September 2003 – 14 June 2005. He was succeeded by Vladimir Yakunin – from 14 June 2005 to 20 August 2015. Oleg Belozyorov has been president of the company since 20 August 2015.[1]
Subsidiaries[edit]
As of December 2013, Russian Railways has controlling interests in the following companies:[22]
- Federal Passenger Company (100%);
- Gefco S.A. (75%);
- Federal Freight (100%);
- TransContainer (50.6%);
- Refservice (100%);
- RailTransAuto (51%);
- High-speed Rail Lines (100%);
- RZDstroy (100%);
- Roszheldorproject (55.56%);
- RZD Trading Company (50% + 1)
- TransTeleCom (100%);
- Zhilsotsipoteka (100%);
- Zheldoripoteka (100%);
- TransWoodService (100%);
- BetElTrans (100%);
- First Nonmetallic Company (100%);
- Zeleznodorozhnaya Torgovaya Kompaniya (100%);
- Wagon Repair Company – 1 (100%);
- Wagon Repair Company – 2 (100%);
- Wagon Repair Company – 3 (100%);
- Kaluga Plant Remputmash (100%);
- Incorporated Electrotechnical Plants (50 + 1).
Activities[edit]
RZD staff during a presidential visit to a maintenance depot
The main activities of Russian Railways involve freight and passenger traffic. In Russia, railways carry 42% of the total cargo traffic, and about 33% of passenger traffic.[25] Some passenger categories, such as pensioners, members of parliament, and holders of Soviet and Russian state decorations, receive free or subsidized tickets.[citation needed]
Freight traffic[edit]
In 2013 railways carried nearly 90% of Russia’s freight, excluding pipelines.[52][53] In 2014, railway infrastructure and locomotive services accounted for 74% of the company’s total revenue.[54]
The cost of freight tariff is determined by the Federal Tariff Service at net cost or higher.[citation needed]
Long-distance travel[edit]
Russian Railways has a near-monopoly on long-distance train travel, with its subsidiary, Federal Passenger Company, accounting for 90% of total passenger turnover in 2017.[55] Passenger transportation accounted for 10.6% of the company’s revenue in 2017.[56] The long-distance passenger fleet includes 19,386 rail cars as of 2017, with an average age of 19.1 years.[57] Over 60% of long-distance passengers travel in third-class sleeping carriages.[57]
The long-distance rail passenger business is under increasing competition from airlines, due to their aggressive domestic pricing policies and generally shorter travel times for routes under 1,000 km.[58] International rail passenger traffic dropped from 19.4 million passengers in 2013 to 6.8 million in 2017.[58]
In 2005–2010, JSC Russian Railways has launched a program to introduce new high-speed trains.[59] The first train, Sapsan, commenced service in December 2009 and connects Saint Petersburg, Moscow and Nizhny Novgorod and is operated with trains manufactured by the German company Siemens.[60]
The second train, Allegro, has run from Saint Petersburg to Helsinki via Vyborg since December 2010 and is owned and operated together with the Finnish VR Group.
Sapsan was the most successful passenger train of JSC Russian Railways with occupancy rate of 84.5% (according to RZD in 2010) and profitability of 30% (although capital costs were not included in its calculation).[61]
Fares on long distance trains[edit]
Passenger tariffs (except for travelling in the stateroom, sleeping and VIP-cars) are approved by the State, represented by the Federal Tariff Service with social orientation of its traffic operations below cost. Passenger fare is divided into two components: «ticket» (which includes the cost of transport infrastructure, locomotive traction and the Station component) and «reserved seat» (service of transport company, which is the owner of the car). Since 2003, the flexible schedule tariffs (FST) to travel on long-distance trains is used:
- in the period of keen demand the rate is above the annual average by 5–20% (earlier it was up to +45%)
- approximately the third part of the year the base rate is active
- during the periods of low passenger’s traffic the rate is lower by 5–20%. On certain days of the year (from 1 to 3 days, at different times on such days as 31.12, 01.01 and dates around 9 May) the index of 45–50% is valid when tickets are twice cheaper.
FST is calculated in such a way as to stimulate passengers to undertake a trip on the date with the lowest index. In 2010 and 2011, the average weighted index for calendar periods was 0.97 and the average volume of passenger traffic – 1.00.
According to the JSC Russian Railways statement, the passenger transportation – except for some highly profitable directions – is unprofitable. These losses are partly compensated from the budget, and for the most part – with the help of cross-subsidies by income from freight.
Suburban passenger companies[edit]
RZD staff at the launch of the Lastochka train on the Saint Petersburg-Vyborg route
Since 2009, the company is not a direct carrier of suburban passengers. Suburban transport is now operated by passenger companies founded by the executive agencies of the Russian Federation, Russian Railways and private investors.[62] As of 2016, there are 25 suburban passenger companies (SPC), and Russian Railways owns a majority stake in 19 of them.[63]
Especially for the SPC a zero tariff for the use of railway infrastructure was introduced. Russian Railways receives 25 billion rubles subsidies as compensation annually from the State.[64] Commuter traffic in the whole network increased in 2011 on 5.6% and is about 878.33 million people.[62] Passenger turnover rail in the Russian regions ranges from 5% to 30% in total passenger traffic.[64]
[edit]
Since its establishment in 2003, Russian Railways sponsoring FC Lokomotiv Moscow in the Russian Premier League.[citation needed]
Since February 2016 Russian Railways is the sponsor of Rodina Kirov, a bandy team in the Russian Bandy Super League.[65]
Assets[edit]
Infrastructure[edit]
Passenger trains interactive map |
|
Overview | |
---|---|
Reporting mark | RZD, RZhD |
Locale | |
Dates of operation | 2004–present |
Technical | |
Track gauge |
|
Electrification | 3 kV DC, 25 kV AC Main |
Length | 85,500 km (53,100 mi) |
As of 31 December 2009, the total operational length of railway is 85 281 km, including the track gauge of 1,520 mm (4 ft 11+27⁄32 in) – 84 446 km, the length of continuous welded rails 74.4 thousand km, the railway network operated by 166 975 switches, 138 tunnels and 30,727 bridges.[citation needed]
The length of lines equipped with automatic block (AB) and centralized control, is 62,055 km, or 72.9%. Devices of railway automation and remote control on the Russian railway network served with 203 distance signaling, centralization and blocking and with one technical center of automation and remote control.
The following Railways belong to RZD:[66]
Russia:
- October Railway – 10,378 km (managed from Saint Petersburg)
- Kaliningrad Railways – 963 km (managed from Kaliningrad)
- Moscow Railway – 8,800 km (managed from Moscow)
- Gorky Railway – 5,297 km (managed from Nizhny Novgorod)
- Northern Railway – 5,961 km (managed from Yaroslavl)
- North Caucasus Railways – 6,311 km (managed from Rostov-on-Don)
- South-Eastern Railway – 4,189 km (managed from Voronezh)
- Privolzhsk Railway – 4,237 km (managed from Saratov)
- Kuybyshev Railway – 4,752 km (managed from Samara)
- Sverdlovsk Railway – 7,154 km (managed from Yekaterinburg)
- South Urals Railways – 4,807 km (managed from Chelyabinsk)
- West Siberian Railway – 5,558 km (managed from Novosibirsk)
- Krasnoyarsk Railways – 3,158 km (managed from Krasnoyarsk)
- East Siberian Railway – 3,876 km (managed from Irkutsk)
- Zabaikal Railway – 3,336 km (managed from Chita)
- Far Eastern Railway – 5,991 km (managed from Khabarovsk)
Abkhazia:
- Abkhazian Railway: 10-year lease starting from 2009.[67]
Armenia
- South Caucasus Railway: 30-year concession starting 2008.[68]
RZD also manages a 50% share in Ulaanbaatar Railways on behalf of the Russian government.[69]
Rolling stock[edit]
Russian Railways train showcase in 2015
Traction rolling stock includes diesel locomotives, electric locomotives, electric trains, diesel trains, railcars, railway handcar, other self-propelled equipment and non-tractive rolling stock – different cars (passenger, freight) and a special rolling stock.[citation needed]
The main producer of passenger cars (95%) is Tver Carriage Works.[citation needed]
At the end of 2012, the rolling stock inventory included 20,618 locomotives, including 2,543 electric passenger locomotives, 578 diesel passenger locomotives, 7,837 electric freight locomotives, 3,556 diesel freight locomotives, 6,104 shunting locomotives.[70]
In 2017 RZD purchased 459 locomotives, including four EP1M, 13 EP2K, 19 TEP70BS and four EP20 passenger units, as well as 84 2ES6, 10 2ES10, 51 2ES5K, 45 3ES5K, four 3ES4K, 86 2TE25KM, and five 4ES5K freight units.[71]
In 2013, the RZD holding owned 252,900 freight cars, including 54,200 owned directly by Russian Railways, with the rest owned by company subsidiaries and affiliates, such as Federal Freight and TransContainer.[72]
Performance indicators[edit]
Annually JSC Russian Railways carries over 1 billion passengers and 1 billion tons of freight.
Kind of activity |
Indicator | 2005 | 2007 | 2008 | 2009 |
Freight traffic |
Freight (trln tn. km). | 1.85 | 2.31 | 2.4 | 2.27 |
To last year | +3.1% | +5% | |||
Freight (bln tn.). | 1.40 | 1.34 | 1.30 | 1.11 | |
To last year | +4% | ||||
Passenger traffic |
Passenger turnover (trl pass. km) | 118.9 | 174.1 | 176 | 153.6 |
To last year | +3.8% | +1% | |||
Passengers (mln pass.) | 1352.8 | 1296 | ~1100 | ||
To last year | +2.5% | ||||
Attendants (ths people) | 1127 | 1099 | 1075 |
In 2011, freight traffic of Russian Railways totaled about 1.4 billion tons. Passenger traffic for the year 2011 reached 992.4 million people.[25]
Indicators | 2005 | 2006[73] | 2007[74] | 2008[75] | 2009[76] | 2010[77] | |||||
---|---|---|---|---|---|---|---|---|---|---|---|
Income | 749 bln rb. | 877.9 bln rb. | 1.016 trl rb. | 1.203 trl rb. | 1.126 trl rb. | 1.334 trl rb. | |||||
Operating cost | 684.7 bln rb. | 821.5 bln rb. | 1.089 trl rb. | 1.013 bln rb. | 1.135 bln rb. | ||||||
Operating income | 194.7 bln rb. | 194.6 bln rb. | 113.9 bln rb. | 113.3 bln rb. | 198.9 bln rb. | ||||||
EBITDA | 267.5 bln rb. | ||||||||||
Net income | 114 bln rb. | 139.8 bln rb. | 144.9 bln rb. | 76.4 bln rb. | 121.3 bln rb. | 208.3 bln rb. |
The average salary on the network in October 2011 – 31 thousand rubles a month.[78] Loading volume for the year 2012 amounted to 1 billion 274.7 million tons (+2.7% compared to 2011), the share in the total turnover of the country (except pipelines) — 85.5%. In 2012, the network carried 1 bln 56.7 million passengers (+6.4% compared to 2011). Net income from the basic activities using Russian GAAP was in 2012 almost 5.3 billion rubles, which is a decrease compared to 2011 (13.7 billion rubles) of almost 3 times.[79]
In total, Russian Railways receives 112 billion roubles (around US$1.5 billion) annually from the government.[80]
See also[edit]
- Russian Railway Museum, in Saint Petersburg
- Emperor railway station in Pushkin town
References[edit]
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- ^ Strohecker, Karin; Rosario, Jorgelina Do (11 April 2022). «Credit committee asked about Russia gov’t bonds after railways ruling». Reuters. Retrieved 12 April 2022.
- ^ Saeedy, Alexander Gladstone and Alexander (11 April 2022). «Russian Railways Ruled in Default as Sanctions Ensnarl Payments». Wall Street Journal. ISSN 0099-9660. Retrieved 12 April 2022.
- ^ a b c d «Russia – RailExport.gov». Export.gov. 25 December 2016. Archived from the original on 25 December 2016. Retrieved 6 October 2018.
This article incorporates text from this source, which is in the public domain.
- ^ «Plans for new transport route unveiled to link Pacific with Atlantic». The Siberian Times. 23 March 2015. Archived from the original on 26 March 2015. Retrieved 26 March 2015.
- ^ Smith, Oliver (25 March 2015). «Russia is considering plans for a 12,400-mile superhighway from London to Alaska». The Business Insider. Archived from the original on 27 March 2015. Retrieved 26 March 2015.
- ^ «The structure, at eng.rzd.ru». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Share capital, at eng.rzd.ru». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Russian Railways Considers London IPO». The Moscow Times. 16 August 2012. Retrieved 5 October 2018.
- ^ «No Privatization for Russian Railways Until 2020, Deputy Prime Minister Claims». The Moscow Times. 7 February 2017. Retrieved 5 October 2018.
- ^ http://www.rzd.ru/ent/public/ru?STRUCTURE_ID=5185&layer_id=5554&refererLayerId=5553&id=1133[bare URL]
- ^ «Андросов Кирилл Геннадьевич, at rzd.ru». Archived from the original on 14 February 2013. Retrieved 6 March 2018.
- ^ Chris Lo (1 May 2013). «Russian railways: connecting a growing economy». railway-technology.com. Archived from the original on 1 October 2014. Retrieved 16 September 2014.
- ^ Courtney Weaver (17 June 2013). «Russian rail freight proves a worthy investment». Financial Times. Archived from the original on 25 July 2013. Retrieved 16 September 2014.
- ^ «Russian Railways Calls For More Government Support». The Moscow Times. 4 May 2014. Archived from the original on 6 October 2018. Retrieved 6 October 2018.
- ^ «Passenger transportation» (PDF). Concise Annual Report 2017. Russian Railways. Retrieved 6 October 2018.
- ^ «Business model». 2017 Annual Report. Russian Railways. Archived from the original on 6 October 2018. Retrieved 6 October 2018.
- ^ a b «2017 Annual Report» (PDF). Federal Passenger Company. Retrieved 13 October 2018.
- ^ a b «Market Overview». Federal Passenger Company 2017 Annual Report. Retrieved 13 October 2018.
- ^ «High-speed trains, at eng.rzd.ru». Archived from the original on 2 May 2013. Retrieved 6 March 2018.
- ^ «Press Releases». www.siemens.com. Archived from the original on 31 August 2017. Retrieved 17 June 2017.
- ^ Ведомости (26 October 2010). ««Сапсан» стал самым прибыльным проектом РЖД». Archived from the original on 12 July 2014. Retrieved 9 December 2016.
- ^ a b «СМИ об РЖД – Пресс-Центр». Archived from the original on 4 February 2017. Retrieved 9 December 2016.
- ^ «Suburban transportation infrastructure». 2016 Annual Report. Russian Railways. Archived from the original on 24 November 2017. Retrieved 7 October 2018.
- ^ a b «Регионы хотят лишить права занижать цену билетов на электрички». Archived from the original on 5 October 2015. Retrieved 9 December 2016.
- ^ «Google Translate». Retrieved 9 December 2016.
- ^ «Territorial Branches». Russian Railways. Archived from the original on 6 October 2018. Retrieved 6 October 2018.
- ^ «Абхазия отдает РФ в управление желдорогу и аэропорт – Багапш». РИА Новости (in Russian). 15 May 2009. Retrieved 5 October 2018.
- ^ «Armenia confirms rail concession award». Railway Gazette. 18 January 2008. Archived from the original on 3 July 2017. Retrieved 5 October 2018.
- ^ «Russia: Ulaanbaatar Railways to become part of the Russia-Mongolia-China economic corridor». UIC Communications. Retrieved 13 October 2018.
- ^ «2012 Annual Report». Russian Railways. p. 63. Archived from the original on 5 July 2014. Retrieved 7 October 2018.
- ^ «Russian Railways purchased 459 new locomotives in 2017». Russian Railways. Retrieved 7 October 2018.
- ^ «2013 Annual Report». Russian Railways. p. 33. Retrieved 7 October 2018.
- ^ «Financial performance indicators, 2006». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2007». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2008». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2009». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2010». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Региональные газеты». Archived from the original on 21 March 2013. Retrieved 9 December 2016.
- ^ «Пресс-релизы – Пресс-Центр». Retrieved 9 December 2016.
- ^ «Government support for Russian Railways». Archived from the original on 4 March 2016. Retrieved 26 February 2016.
Further reading[edit]
- Collins, D. N. «The Franco-Russian Alliance and Russian Railways, 1891–1914.» Historical Journal 16, no. 4 (1973): 777-88. online.
- Haywood, Richard M. «The question of a standard gauge for Russian railways, 1836–1860.» Slavic Review 28.1 (1969): 72-80 online.
- Starns, Karl Edward McDaniel. «The Russian Railways and Imperial Intersections in the Russian Empire.» (Diss. 2013). online
- Westwood, John Norton. A history of Russian railways (G. Allen and Unwin, 1964).
- Westwood, J. Soviet railways to Russian railways (Springer, 2001).
In Russian[edit]
- Госкомстат СССР (Gov’t Statistical Committee ) «Народное хозяйство СССР: статистический ежегодник» (The national economy of the USSR, statistical yearbook),Финансы и статистика, Москва (various years till 1990).
- Госкомстат СССР (Уманский, Л.), «Народное хозяйство СССР за 70 лет: юбилейный статистический ежегодник». Москва, «Финансы и статистика», 1987.
- Госкомстат СССР «Транспорт и связь СССР: Статистический сборник» (USSR Transportation and Communications: statistics). Москва. 1990 (and other editions: 1967, 1972, etc.)
- ЖТ = Железнодорожный Транспорт (Railroad Transportation) a monthly magazine published since 1826. The month designation is numeric; e.g. 10-1998 is the November issue.
- Плакс, А.В. & Пупынин, В.Н., «Электрические железные дороги» (Electric Railroads), Москва, «Транспорт», 1993.
- Резер, С.М., «Взаимодействие транспортных систем», Москва, «Наука», 1985.
- Шадур, Л.А. ed., «Вагоны: конструкция, теория и расчёт» (Railroad cars: construction, theory and calculations), Москва, «Транспорт», 1980.
- Федеральная служба государственной статистики (Federal government statistical service) «Транспорт в России» (Transportation in Russia) (annual) Available online
- Филиппов, М.М. (editor), «Железные дороги. Общий курс» (Railroads, General Course) Москва, Транспорт, 3rd ed. 1981. 4th ed. 1991 with new editor: Уздин, М.М.
- Шафиркин, Б.И, «Единая транспортная система СССР и взаимодействие различных видов транспорта» (Unified Transportation System of the USSR and interaction of various modes of transportation), Москва, «Высшая школа», 1983.
- Шадур. Л. А. (ed.), «Вагоны» (Railway cars), Moscow, «Транспорт», 1980.
External links[edit]
- Russian Railways Official Site (in English)
- Russian Railways on Twitter
- Financial Information
Перевод «ржд» на английский
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ржд
Russian Railways
Например, у РЖД более 23000 дочерних компаний.
Russian Railways, for example, has more than 23,000 subsidiaries.
RZD
В прошлом году компания РЖД потеряла 99 миллиардов рублей (1,5 миллиарда долларов по нынешнему обменному курсу).
Last year, RZD lost 99 billion rubles ($1.5 billion at today’s exchange rate).
Контексты
Например, у РЖД более 23000 дочерних компаний.
Russian Railways, for example, has more than 23,000 subsidiaries.
В прошлом году компания РЖД потеряла 99 миллиардов рублей (1,5 миллиарда долларов по нынешнему обменному курсу).
Last year, RZD lost 99 billion rubles ($1.5 billion at today’s exchange rate).
На звон разбившегося стекла ринулись сотрудник транспортной полиции и охранник ЧОП «РЖД«.
An officer of the transportation police and a security guard from the private security company of «Russian Railways» rushed to the sound of breaking glass.
Якунин ранее в этом году даже грозил покинуть РЖД и уйти в частный сектор, если подобные требования не будут отменены.
Yakunin even threatened earlier this year to leave RZD for the private sector if the demands persisted.
«Газпром», «Роснефть» (которая поглотила ЮКОС), и ОАО «РЖД» публично выпрашивали государственные деньги.
Gazprom, Rosneft (which absorbed Yukos), and Russian Railways have been publicly begging for government money.
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РЖД
Универсальный русско-английский словарь > РЖД
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вагон Российских Железных Дорог; РЖД-вагон
Универсальный русско-английский словарь > вагон Российских Железных Дорог; РЖД-вагон
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3
Европейская ассоциация операторов железнодорожной инфраструктуры
Универсальный русско-английский словарь > Европейская ассоциация операторов железнодорожной инфраструктуры
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4
РЖДС
Универсальный русско-английский словарь > РЖДС
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5
Ц
Универсальный русско-английский словарь > Ц
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6
ЦБТ
Универсальный русско-английский словарь > ЦБТ
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7
ЦВ
Универсальный русско-английский словарь > ЦВ
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8
ЦД
Универсальный русско-английский словарь > ЦД
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9
ЦИ
Универсальный русско-английский словарь > ЦИ
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10
ЦИС
Универсальный русско-английский словарь > ЦИС
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11
ЦКАДР
Универсальный русско-английский словарь > ЦКАДР
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12
ЦЛ
Универсальный русско-английский словарь > ЦЛ
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13
ЦМ
Универсальный русско-английский словарь > ЦМ
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14
ЦМР
Универсальный русско-английский словарь > ЦМР
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15
ЦН
Универсальный русско-английский словарь > ЦН
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16
ЦП
5) Network technologies: CP, CPU
Универсальный русско-английский словарь > ЦП
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17
ЦРБ
Универсальный русско-английский словарь > ЦРБ
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18
ЦРЖ
Универсальный русско-английский словарь > ЦРЖ
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19
ЦТ
Универсальный русско-английский словарь > ЦТ
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ЦТЕХ
Универсальный русско-английский словарь > ЦТЕХ
См. также в других словарях:
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РЖД ТВ — Страна … Википедия
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РЖД — рокадная железная дорога ж. д. Словарь: Словарь сокращений и аббревиатур армии и спецслужб. Сост. А. А. Щелоков. М.: ООО «Издательство АСТ», ЗАО «Издательский дом Гелеос», 2003. 318 с. ОАО «РЖД» РЖД «Российские железные дороги» ОАО http://www.rzd … Словарь сокращений и аббревиатур
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РЖД-РВ — РЖДРВ РЖД Развитие вокзалов; Российские железные дороги Развитие вокзалов с 2009 http://rzd rv.ru/ ж. д., организация … Словарь сокращений и аббревиатур
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РЖД — Запрос «РЖД» перенаправляется сюда. Cм. также другие значения. ОАО «Российские железные дороги» Год основания 2003 Ключевые фигуры Владимир Якунин (президент) … Википедия
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РЖД (значения) — РЖД: РЖД, ОАО РЖД или ОАО «РЖД» ОАО «Российские железные дороги», российская государственная транспортная монополия. РЖД рокадная железная дорога. См. также ЖД … Википедия
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РЖД Логистика — РЖДЛ Российские железные дороги Логистика http://rzdlog.ru/ ж. д., логистика, организация … Словарь сокращений и аббревиатур
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РЖД — рокадная железная дорога … Словарь сокращений русского языка
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ОАО «РЖД» — Запрос «РЖД» перенаправляется сюда. Cм. также другие значения. ОАО «Российские железные дороги» Год основания 2003 Ключевые фигуры Владимир Якунин (президент) … Википедия
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ОАО «РЖД» — Запрос «РЖД» перенаправляется сюда. Cм. также другие значения. ОАО «Российские железные дороги» Год основания 2003 Ключевые фигуры Владимир Якунин (президент) … Википедия
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ОАО РЖД — Запрос «РЖД» перенаправляется сюда. Cм. также другие значения. ОАО «Российские железные дороги» Год основания 2003 Ключевые фигуры Владимир Якунин (президент) … Википедия
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Российские железные дороги (РЖД) — Российские железные дороги являются одной из крупнейших транспортных систем мира, эксплуатационная длина 85,2 тысяч километров. РЖД занимает первое место в мире по протяженности электрифицированных линий 43,3 тысячи километров. Компания… … Энциклопедия ньюсмейкеров
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На основании Вашего запроса эти примеры могут содержать грубую лексику.
На основании Вашего запроса эти примеры могут содержать разговорную лексику.
Национальная грузовая железнодорожная компания «РЖД Марфа С.А.» заинтересована в развитии интермодальных перевозок.
The National Freight Railway Company «CFR Marfa» S.A. is interested in promoting intermodal transport.
Стамора-Моравицы (РЖД) — Вршац (ЮЖД)
Stamora Moravita (CFR) — Vrsac (JZ)
РЖД планирует привести вокзалы, многие из которых были построены в позапрошлом веке, в соответствие с современными европейскими стандартами.
Russian railway plans to adjust the railway stations, many of which were constructed in the century before last, in accordance with modern European standards.
Билеты РЖД на поезда международных маршрутов могут подорожать,- заявил президент компании Владимир Якунин на Гайдаровском форуме в четверг 15 января.
Russian railway train tickets for international routes may become more expensive- announced the company president Vladimir Yakunin at the Gaidar Forum on Thursday, January 15.
Экспозиция посвящена истории развития железнодорожного транспорта и современным проектам ОАО «РЖД».
The exposition is devoted to the history of railway transport development and current projects of Russian Railways OJSC.
Как отметили представители пресс-центра РЖД, движение поездов в настоящее время осуществляется штатно и бесперебойно.
As the representatives of the press center of the Russian Railways, trains currently being implemented cleanly and smoothly.
Между Москвой и Санкт-Петербургом будет запущен новый фирменный поезд N5/6 с двухэтажными вагонам,- сообщила пресс-служба ОАО «РЖД».
A new firm train N5/6 with double-decker carriages will start to run between Moscow and St. Petersburg- reported the press-service of JSC «Russian Railways«.
За счет высокой динамики объемов и ограничения прироста себестоимости ниже инфляции, обеспечено повышение финансовой устойчивости и рентабельной работы ОАО «РЖД».
Owing to rapidly increasing traffic volumes and the maintenance of cost price increases below the rate of inflation, Russian Railways has achieved greater financial stability and profitability.
ОАО «РЖД» удалось значительно увеличить объемы закупок и модернизации подвижного состава, необходимого для удовлетворения растущего спроса на перевозки.
Russian Railways has succeeded in significantly increasing procurement and modernization of the rolling stock necessary to meet the growing demand for transport.
Это свидетельствует о повышении эффективности корпоративного управления ОАО «РЖД» и устойчивом увеличении дополнительных источников денежных поступлений от деятельности дочерних и зависимых обществ.
This bears witness to the increased effectiveness of the corporate management of Russian Railways and the steady increase in additional sources of cash receipts as a result of the activities of the company’s subsidiaries and affiliates.
Одной из главнейших задач ОАО «РЖД» на ближайшие годы является обеспечение устойчивого роста инвестиций в инфраструктуру и подвижной состав.
One of the key tasks of Russian Railways in the next few years is to ensure steady growth of investment in infrastructure and rolling stock.
«Кадровая и молодежная политика ОАО «РЖД»
«Обесценивание рубля вы сами знаете, какое. Тарифы при этом иностранных владельцев инфраструктуры сохраняются»,- отметил руководитель РЖД.
«You know what the depreciation of the ruble is. Herewith, tariffs of foreign infrastructure owners are saved,»- said the head of Russian Railways.
В сфере пассажирского комплекса ОАО «РЖД» вышло на новый этап структурной реформы.
With regard to passenger transport, Russian Railways has embarked on a new phase of structural reform.
Генеральный партнер экспозиции — ОАО «РЖД».
В 2017 г. РЖД планирует закупить почти 1 тыс. новых вагонов.
In 2017 Russian Railways plans to buy about 1 thousand. New cars.
2016 год в холдинге «РЖД» объявлен Годом пассажира.
The year 2016 was declared as the «Year of Passenger» in the Russian Railways Holding.
Но опять, чтобы не было разочарований, «РЖД» — крупнейшая по мировым меркам компания железных дорог.
But again, that was not frustrating, «Russian Railways» — the largest company by international standards railways.
Руководители КТЖ и РЖД обсудили развитие сотрудничества в транспортно-логистической сфере
Chairmen of KTZ and Russian Railways discussed development of coop in sphere of transport and logistics
Результатов: 211. Точных совпадений: 211. Затраченное время: 48 мс
Documents
Корпоративные решения
Спряжение
Синонимы
Корректор
Справка и о нас
Индекс слова: 1-300, 301-600, 601-900
Индекс выражения: 1-400, 401-800, 801-1200
Индекс фразы: 1-400, 401-800, 801-1200
Headquarters in Moscow |
|
Native name |
ОАО «РЖД» |
---|---|
Type | Open joint-stock company |
Industry | Railways |
Predecessor | Ministry of Railways of the Russian Federation [ru] (1992–2004) |
Founded | 18 September 2003; 19 years ago |
Headquarters | Red Gates Square (55°46′N 37°39′E / 55.767°N 37.650°E),
Moscow , Russia |
Area served |
Russia |
Key people |
Oleg Belozyorov (General director) Arkady Dvorkovich (chairman of the board)[1] |
Services | Rail transport, Cargo |
Revenue | $38.6 billion[2] (2017) |
Operating income |
$3.47 billion[2] (2017) |
Net income |
$2.39 billion[2] (2017) |
Total assets | $76.6 billion[2] (2017) |
Total equity | $41.3 billion[2] (2017) |
Owner | Russian Government (100%)[3] |
Number of employees |
740,315[4] (2017) |
Website | Russian Railways (English) |
Russian Railways (Russian: ОАО «Российские железные дороги» (ОАО «РЖД»), romanized: OAO Rossiyskie zheleznye dorogi (OAO RZhD)) is a Russian fully state-owned vertically integrated railway company, both managing infrastructure and operating freight and passenger train services.
The company was established on 18 September 2003, when a decree was passed to separate the upkeep and operation of the railways from the Ministry of Railways of the Russian Federation [ru].[5] RZhD is based in Moscow at Novaya Basmannaya str., 2. The operating units of the central part of the staff are at Kalanchevskaya str., 35.[6]
Railways in the autonomous region of Crimea are controlled by Crimea Railway, a separate company.[7]
History[edit]
Background and 2003 reform[edit]
After the collapse of the Soviet Union in 1991, the Russian Federation inherited 17 of the 32 regions of the former Soviet Railways (SZD).[8]
In the mid-1990s, the profitability of railway transportation of the Russian Ministry of Railways fell to negative values, the bureaucratization of the ministry itself was publicly criticized, which became an occasion for reforms. Shortly after being elected president of Russia in 2000, Vladimir Putin approved the idea of reforming the railway transport, according to which all economic functions on the railway should be transferred to a joint-stock company with 100% state participation. The start of the state program for reforming the Russian railway sector was given by the establishment of Russian Railways in October 2003. The new company received over 95% of the assets belonging to the Ministry of Railways of the Russian Federation.[9][10][11]
In 2003, the Federal Law on Railway Transport divided the Ministry of Railways into the Federal Railway Transport Agency (FRTA) and Russian Railways (RZD).[12] The reform also required RZD to provide access to railway infrastructure to other carriers and operators.[12] As the law requires carriers to provide service to customers anywhere in Russia, RZD retained its dominant position.[12]
Later in 2003, the Decree No. 585 established RZD as a joint stock company, making it a holding in charge of 63 subsidiaries, including TransContainer, RailTranAuto, Rail Passenger Directorate, Russian Troika, TransGroup, and Refservis.[12] RZD acquired 987 companies (95% in asset value) out of the 2046 that had formed the MR system.[13] Gennady Fadeyev, the Railways Minister, became the company’s first president.[14]
The reform saw the creation of a new market segment following the privatization of the network’s rolling stock. The company divided the bulk of its wagon fleet between two new operating companies, Freight One (which was later privatised) and Freight Two (renamed Federal Freight in 2012), and private players such as GlobalTrans also entering the market.[citation needed]
2000s[edit]
An old car (probably from the Soviet period) designed in the new corporate livery of Russian Railways
In 2003, RZD launched a project to replace the narrow gauge on Sakhalin Railway to the broad gauge used in the rest of Russia, which it formally completed in August 2019.[15] The share of privately owned wagons in the freight transport increased to one-third of the total by 2005.[12] On 18 May 2006, the company signed an agreement with Siemens for the delivery of eight high-speed trains.[16]
On 23 May 2007, Russian Railways adopted a new corporate style which changed fundamentally the way the Company presented itself visually to the outside world. The change of corporate identity underwent several stages during the 2007–2010 period.[17] The final version of the logo was designed by BBDO Branding.[18]
Also, commissioned by BBDO Branding The Agency HardCase Design created a family of corporate fonts RussianRail, consisting of 15 fonts. In the new company logo Sans-serif RussianRail Grotesque Medium was used. In 2008, the new logo of Russian Railways became a runner-up for the international design competition WOLDA ’08 award.[19]
Strategy 2030, an investment plan to expand and modernize the railway network, was approved by the Russian government in 2008.[20] Since 2008, as part of the structural reform of rail transport, with separation of the services infrastructure of transportation activity and the emergence of a competitive environment, Russian Railways has been transformed into a vertically oriented holding company.[21]
In 2009, the investment budget was 262.8 billion rubles (excluding VAT), of which 47.4 billion for projects related to the preparation and staging of the Olympic Games in Sochi; 58.7 billion for the renovation of the rolling stock (including supply of Sapsan trains).[citation needed]
2010s[edit]
2005–2010 modernization program of Russian Railways
In 2010, Federal Passenger Company was established as a fully owned subsidiary of Russian Railways, providing long-distance passenger services both in Russia and abroad.[22] By the end of 2013, it operated all long-distance routes, except for high-speed Sapsan lines, which are operated by RZD.[22]
RZD issued its first dollar-denominated bond in 2010, raising $1.5 billion.[23] On 28 October 2011, the Joint Stock Company Freight One, a subsidiary of Russian Railways, sold 75% of its shares minus two shares for 125.5 billion rubles (about 4 billion $) to Independent Transport Company owned by Vladimir Lisin.[21] Thus, Lisin as Russia’s largest operator of rolling stock acquired control of a quarter of the freight market.[24]
As part of its reform efforts, RZD massively reduced its workforce, from 2.2 million in the 1990s to 934,000 people in 2012.[22] In 2012, it became one of the three largest transport companies in the world.[25]
According to a Reuters inquiry, RZD procurement activities in 2012 amounted to $22.5 billion; part of this was awarded to private contractors with no genuine operations in de facto noncompetitive tenders.[26] Some of the company addresses listed on the tenders turned out to be private apartments, car repair shops or department stores.[26] It was alleged that the contractors were actually shell companies, used to convey billions of dollars in tenders to close associates of Yakunin, president of RZD.[27]
Zheldoripoteka, RZD’s real estate arm, was revealed to have sold land plots located close to railway stations in major cities to the son of Russian Railways president Vladimir Yakunin.[28] Far East Land Bridge, a company partnered with a Russian Railways subsidiary, was also linked to Yakunin’s son.[29]
On 16 October 2012, Russian Railways has completed competitive negotiations with potential buyers of the remaining 25-percent plus 1 share stake in JSC Freight One. The best binding offer was received from the Independent Transport Company LLC. The assets were sold for 50 billion rubles.[30]
In early November 2012, Russian Railways announced the purchase of 75% of the French logistics company Gefco SA. The total value of the transaction was 800 million euros, the seller being PSA Peugeot Citroen, the parent company of Gefco.[31] A program to modernize the Baikal–Amur Mainline was launched in 2013, costing the equivalent of £4 billion by 2018.[32]
In 2015, RZD International won a €1.2 billion contract to electrify the Garmsar–Inche Bourun line in Iran.[33]
In August 2015, company president Vladimir Yakunin was dismissed,[34] allegedly because of poor performance and mismanagement.[35] Yakunin was replaced by Oleg Belozyorov.[34]
RZD International began works on the reconstruction of the Serbian Vinarci – Djordjevo line in 2016.[36] The Moscow Central Circle railway, designed and managed by Roszheldorproject, an RZD subsidiary, opened in September 2016.[37] In July 2018, the company announced plans to phase out third-class carriages on long-distance trains by 2025.[38]
2020s[edit]
On 24 February 2022, in response to Russia’s invasion of Ukraine, US President Joe Biden announced economic sanctions against several Russian companies, including Russian Railways.[39]
On 8 April 2022, the shipping company CMA CGM announced to be acquiring the French logistics company Gefco SA from Russian Railways and minority shareholder Stellantis.[40]
On 11 April 2022, the Wall Street Journal and Reuters reported that the International Swaps and Derivatives Association had determined a «failure to pay» credit event occurred on 250 million CHF worth of Swiss franc loan participation notes linked to an entity related to Russian Railways, RZD Capital. The determination is considered the first step to triggering a credit default swap.[41][42]
Future projects[edit]
Planned projects[edit]
In March 2016, RZD approved an updated version of high-speed rail development program until 2030. The 5 trillion ruble program includes the construction of Moscow–Kazan–Yekaterinburg, Moscow–Adler and Moscow–Saint Petersburg high-speed lines, as well as other high-speed lines connecting regional cities.[43]
The construction program is divided into three stages. Until 2020 Russian Railways plans to put into operation the high-speed rail sections linking Moscow–Kazan (1.2 trillion rubles), Moscow–Tula (268.6 billion rubles), Chelyabinsk–Yekaterinburg (122.6 billion rubles), Tula–Belgorod (86.8 billion rubles), Yekaterinburg–Nizhny Tagil (12.9 billion rubles) and Novosibirsk–Barnaul (62.3 billion rubles). The project design of the largest container port in Ust-Luga for reception and distribution of containerized freight on China–Europe route is also part of the program.[43]
Between 2021 and 2025 RZD plans to build Rostov–Krasnodar–Adler, Tula–Voronezh high-speed rail and the extension of Kazan-Yelabuga high-speed rail, as well as other regional high-speed rail links.[43]
During the 2026–2030 third phase of the program, Russian Railways will build Moscow–Saint Petersburg high-speed rail section; the railway line will be extended from Yelabuga to Yekaterinburg, and from Voronezh to Rostov-on-Don.[43]
Proposed projects[edit]
In March 2015, at a meeting of the Russian Academy of Science, Vladimir Yakunin presented an ambitious new transport route called the Trans-Eurasian Belt Development (TEPR) which would go «through Russia with a mega road and high-speed rail network to link Asia with Europe’ and with the opportunity to go to Chukotka and Bering Strait and then to the American continent»[44] to Alaska, «making overland trips from Britain to the US (via the Channel Tunnel) a possibility.»[45]
Owners and management[edit]
The Russian Federation is the founder and sole shareholder of JSC Russian Railways. On behalf of its shareholders the powers are exercised by the Government of the Russian Federation.[46] It approves the president of the company, forms the board of directors annually and approves the annual reports.[47]
An IPO for the company was considered in 2012,[48] but it was pushed back to after 2020.[49]
The Chairman of the Board of Directors of JSC Russian Railways is Oleg Belozerov.[50] Before him, the position was occupied by Kirill Androsov from September 2011 till June 2015.,[51] and previously by Alexander Zhukov – from 20 July 2004 to September 2011 and Viktor Khristenko – from 16 October 2003 – 20 July 2004.
Gennady Fadeev was President of JSC Russian Railways from 23 September 2003 – 14 June 2005. He was succeeded by Vladimir Yakunin – from 14 June 2005 to 20 August 2015. Oleg Belozyorov has been president of the company since 20 August 2015.[1]
Subsidiaries[edit]
As of December 2013, Russian Railways has controlling interests in the following companies:[22]
- Federal Passenger Company (100%);
- Gefco S.A. (75%);
- Federal Freight (100%);
- TransContainer (50.6%);
- Refservice (100%);
- RailTransAuto (51%);
- High-speed Rail Lines (100%);
- RZDstroy (100%);
- Roszheldorproject (55.56%);
- RZD Trading Company (50% + 1)
- TransTeleCom (100%);
- Zhilsotsipoteka (100%);
- Zheldoripoteka (100%);
- TransWoodService (100%);
- BetElTrans (100%);
- First Nonmetallic Company (100%);
- Zeleznodorozhnaya Torgovaya Kompaniya (100%);
- Wagon Repair Company – 1 (100%);
- Wagon Repair Company – 2 (100%);
- Wagon Repair Company – 3 (100%);
- Kaluga Plant Remputmash (100%);
- Incorporated Electrotechnical Plants (50 + 1).
Activities[edit]
RZD staff during a presidential visit to a maintenance depot
The main activities of Russian Railways involve freight and passenger traffic. In Russia, railways carry 42% of the total cargo traffic, and about 33% of passenger traffic.[25] Some passenger categories, such as pensioners, members of parliament, and holders of Soviet and Russian state decorations, receive free or subsidized tickets.[citation needed]
Freight traffic[edit]
In 2013 railways carried nearly 90% of Russia’s freight, excluding pipelines.[52][53] In 2014, railway infrastructure and locomotive services accounted for 74% of the company’s total revenue.[54]
The cost of freight tariff is determined by the Federal Tariff Service at net cost or higher.[citation needed]
Long-distance travel[edit]
Russian Railways has a near-monopoly on long-distance train travel, with its subsidiary, Federal Passenger Company, accounting for 90% of total passenger turnover in 2017.[55] Passenger transportation accounted for 10.6% of the company’s revenue in 2017.[56] The long-distance passenger fleet includes 19,386 rail cars as of 2017, with an average age of 19.1 years.[57] Over 60% of long-distance passengers travel in third-class sleeping carriages.[57]
The long-distance rail passenger business is under increasing competition from airlines, due to their aggressive domestic pricing policies and generally shorter travel times for routes under 1,000 km.[58] International rail passenger traffic dropped from 19.4 million passengers in 2013 to 6.8 million in 2017.[58]
In 2005–2010, JSC Russian Railways has launched a program to introduce new high-speed trains.[59] The first train, Sapsan, commenced service in December 2009 and connects Saint Petersburg, Moscow and Nizhny Novgorod and is operated with trains manufactured by the German company Siemens.[60]
The second train, Allegro, has run from Saint Petersburg to Helsinki via Vyborg since December 2010 and is owned and operated together with the Finnish VR Group.
Sapsan was the most successful passenger train of JSC Russian Railways with occupancy rate of 84.5% (according to RZD in 2010) and profitability of 30% (although capital costs were not included in its calculation).[61]
Fares on long distance trains[edit]
Passenger tariffs (except for travelling in the stateroom, sleeping and VIP-cars) are approved by the State, represented by the Federal Tariff Service with social orientation of its traffic operations below cost. Passenger fare is divided into two components: «ticket» (which includes the cost of transport infrastructure, locomotive traction and the Station component) and «reserved seat» (service of transport company, which is the owner of the car). Since 2003, the flexible schedule tariffs (FST) to travel on long-distance trains is used:
- in the period of keen demand the rate is above the annual average by 5–20% (earlier it was up to +45%)
- approximately the third part of the year the base rate is active
- during the periods of low passenger’s traffic the rate is lower by 5–20%. On certain days of the year (from 1 to 3 days, at different times on such days as 31.12, 01.01 and dates around 9 May) the index of 45–50% is valid when tickets are twice cheaper.
FST is calculated in such a way as to stimulate passengers to undertake a trip on the date with the lowest index. In 2010 and 2011, the average weighted index for calendar periods was 0.97 and the average volume of passenger traffic – 1.00.
According to the JSC Russian Railways statement, the passenger transportation – except for some highly profitable directions – is unprofitable. These losses are partly compensated from the budget, and for the most part – with the help of cross-subsidies by income from freight.
Suburban passenger companies[edit]
RZD staff at the launch of the Lastochka train on the Saint Petersburg-Vyborg route
Since 2009, the company is not a direct carrier of suburban passengers. Suburban transport is now operated by passenger companies founded by the executive agencies of the Russian Federation, Russian Railways and private investors.[62] As of 2016, there are 25 suburban passenger companies (SPC), and Russian Railways owns a majority stake in 19 of them.[63]
Especially for the SPC a zero tariff for the use of railway infrastructure was introduced. Russian Railways receives 25 billion rubles subsidies as compensation annually from the State.[64] Commuter traffic in the whole network increased in 2011 on 5.6% and is about 878.33 million people.[62] Passenger turnover rail in the Russian regions ranges from 5% to 30% in total passenger traffic.[64]
[edit]
Since its establishment in 2003, Russian Railways sponsoring FC Lokomotiv Moscow in the Russian Premier League.[citation needed]
Since February 2016 Russian Railways is the sponsor of Rodina Kirov, a bandy team in the Russian Bandy Super League.[65]
Assets[edit]
Infrastructure[edit]
Passenger trains interactive map |
|
Overview | |
---|---|
Reporting mark | RZD, RZhD |
Locale | |
Dates of operation | 2004–present |
Technical | |
Track gauge |
|
Electrification | 3 kV DC, 25 kV AC Main |
Length | 85,500 km (53,100 mi) |
As of 31 December 2009, the total operational length of railway is 85 281 km, including the track gauge of 1,520 mm (4 ft 11+27⁄32 in) – 84 446 km, the length of continuous welded rails 74.4 thousand km, the railway network operated by 166 975 switches, 138 tunnels and 30,727 bridges.[citation needed]
The length of lines equipped with automatic block (AB) and centralized control, is 62,055 km, or 72.9%. Devices of railway automation and remote control on the Russian railway network served with 203 distance signaling, centralization and blocking and with one technical center of automation and remote control.
The following Railways belong to RZD:[66]
Russia:
- October Railway – 10,378 km (managed from Saint Petersburg)
- Kaliningrad Railways – 963 km (managed from Kaliningrad)
- Moscow Railway – 8,800 km (managed from Moscow)
- Gorky Railway – 5,297 km (managed from Nizhny Novgorod)
- Northern Railway – 5,961 km (managed from Yaroslavl)
- North Caucasus Railways – 6,311 km (managed from Rostov-on-Don)
- South-Eastern Railway – 4,189 km (managed from Voronezh)
- Privolzhsk Railway – 4,237 km (managed from Saratov)
- Kuybyshev Railway – 4,752 km (managed from Samara)
- Sverdlovsk Railway – 7,154 km (managed from Yekaterinburg)
- South Urals Railways – 4,807 km (managed from Chelyabinsk)
- West Siberian Railway – 5,558 km (managed from Novosibirsk)
- Krasnoyarsk Railways – 3,158 km (managed from Krasnoyarsk)
- East Siberian Railway – 3,876 km (managed from Irkutsk)
- Zabaikal Railway – 3,336 km (managed from Chita)
- Far Eastern Railway – 5,991 km (managed from Khabarovsk)
Abkhazia:
- Abkhazian Railway: 10-year lease starting from 2009.[67]
Armenia
- South Caucasus Railway: 30-year concession starting 2008.[68]
RZD also manages a 50% share in Ulaanbaatar Railways on behalf of the Russian government.[69]
Rolling stock[edit]
Russian Railways train showcase in 2015
Traction rolling stock includes diesel locomotives, electric locomotives, electric trains, diesel trains, railcars, railway handcar, other self-propelled equipment and non-tractive rolling stock – different cars (passenger, freight) and a special rolling stock.[citation needed]
The main producer of passenger cars (95%) is Tver Carriage Works.[citation needed]
At the end of 2012, the rolling stock inventory included 20,618 locomotives, including 2,543 electric passenger locomotives, 578 diesel passenger locomotives, 7,837 electric freight locomotives, 3,556 diesel freight locomotives, 6,104 shunting locomotives.[70]
In 2017 RZD purchased 459 locomotives, including four EP1M, 13 EP2K, 19 TEP70BS and four EP20 passenger units, as well as 84 2ES6, 10 2ES10, 51 2ES5K, 45 3ES5K, four 3ES4K, 86 2TE25KM, and five 4ES5K freight units.[71]
In 2013, the RZD holding owned 252,900 freight cars, including 54,200 owned directly by Russian Railways, with the rest owned by company subsidiaries and affiliates, such as Federal Freight and TransContainer.[72]
Performance indicators[edit]
Annually JSC Russian Railways carries over 1 billion passengers and 1 billion tons of freight.
Kind of activity |
Indicator | 2005 | 2007 | 2008 | 2009 |
Freight traffic |
Freight (trln tn. km). | 1.85 | 2.31 | 2.4 | 2.27 |
To last year | +3.1% | +5% | |||
Freight (bln tn.). | 1.40 | 1.34 | 1.30 | 1.11 | |
To last year | +4% | ||||
Passenger traffic |
Passenger turnover (trl pass. km) | 118.9 | 174.1 | 176 | 153.6 |
To last year | +3.8% | +1% | |||
Passengers (mln pass.) | 1352.8 | 1296 | ~1100 | ||
To last year | +2.5% | ||||
Attendants (ths people) | 1127 | 1099 | 1075 |
In 2011, freight traffic of Russian Railways totaled about 1.4 billion tons. Passenger traffic for the year 2011 reached 992.4 million people.[25]
Indicators | 2005 | 2006[73] | 2007[74] | 2008[75] | 2009[76] | 2010[77] | |||||
---|---|---|---|---|---|---|---|---|---|---|---|
Income | 749 bln rb. | 877.9 bln rb. | 1.016 trl rb. | 1.203 trl rb. | 1.126 trl rb. | 1.334 trl rb. | |||||
Operating cost | 684.7 bln rb. | 821.5 bln rb. | 1.089 trl rb. | 1.013 bln rb. | 1.135 bln rb. | ||||||
Operating income | 194.7 bln rb. | 194.6 bln rb. | 113.9 bln rb. | 113.3 bln rb. | 198.9 bln rb. | ||||||
EBITDA | 267.5 bln rb. | ||||||||||
Net income | 114 bln rb. | 139.8 bln rb. | 144.9 bln rb. | 76.4 bln rb. | 121.3 bln rb. | 208.3 bln rb. |
The average salary on the network in October 2011 – 31 thousand rubles a month.[78] Loading volume for the year 2012 amounted to 1 billion 274.7 million tons (+2.7% compared to 2011), the share in the total turnover of the country (except pipelines) — 85.5%. In 2012, the network carried 1 bln 56.7 million passengers (+6.4% compared to 2011). Net income from the basic activities using Russian GAAP was in 2012 almost 5.3 billion rubles, which is a decrease compared to 2011 (13.7 billion rubles) of almost 3 times.[79]
In total, Russian Railways receives 112 billion roubles (around US$1.5 billion) annually from the government.[80]
See also[edit]
- Russian Railway Museum, in Saint Petersburg
- Emperor railway station in Pushkin town
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- ^ «Passenger transportation» (PDF). Concise Annual Report 2017. Russian Railways. Retrieved 6 October 2018.
- ^ «Business model». 2017 Annual Report. Russian Railways. Archived from the original on 6 October 2018. Retrieved 6 October 2018.
- ^ a b «2017 Annual Report» (PDF). Federal Passenger Company. Retrieved 13 October 2018.
- ^ a b «Market Overview». Federal Passenger Company 2017 Annual Report. Retrieved 13 October 2018.
- ^ «High-speed trains, at eng.rzd.ru». Archived from the original on 2 May 2013. Retrieved 6 March 2018.
- ^ «Press Releases». www.siemens.com. Archived from the original on 31 August 2017. Retrieved 17 June 2017.
- ^ Ведомости (26 October 2010). ««Сапсан» стал самым прибыльным проектом РЖД». Archived from the original on 12 July 2014. Retrieved 9 December 2016.
- ^ a b «СМИ об РЖД – Пресс-Центр». Archived from the original on 4 February 2017. Retrieved 9 December 2016.
- ^ «Suburban transportation infrastructure». 2016 Annual Report. Russian Railways. Archived from the original on 24 November 2017. Retrieved 7 October 2018.
- ^ a b «Регионы хотят лишить права занижать цену билетов на электрички». Archived from the original on 5 October 2015. Retrieved 9 December 2016.
- ^ «Google Translate». Retrieved 9 December 2016.
- ^ «Territorial Branches». Russian Railways. Archived from the original on 6 October 2018. Retrieved 6 October 2018.
- ^ «Абхазия отдает РФ в управление желдорогу и аэропорт – Багапш». РИА Новости (in Russian). 15 May 2009. Retrieved 5 October 2018.
- ^ «Armenia confirms rail concession award». Railway Gazette. 18 January 2008. Archived from the original on 3 July 2017. Retrieved 5 October 2018.
- ^ «Russia: Ulaanbaatar Railways to become part of the Russia-Mongolia-China economic corridor». UIC Communications. Retrieved 13 October 2018.
- ^ «2012 Annual Report». Russian Railways. p. 63. Archived from the original on 5 July 2014. Retrieved 7 October 2018.
- ^ «Russian Railways purchased 459 new locomotives in 2017». Russian Railways. Retrieved 7 October 2018.
- ^ «2013 Annual Report». Russian Railways. p. 33. Retrieved 7 October 2018.
- ^ «Financial performance indicators, 2006». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2007». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2008». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2009». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Financial performance indicators, 2010». Archived from the original on 1 February 2013. Retrieved 6 March 2018.
- ^ «Региональные газеты». Archived from the original on 21 March 2013. Retrieved 9 December 2016.
- ^ «Пресс-релизы – Пресс-Центр». Retrieved 9 December 2016.
- ^ «Government support for Russian Railways». Archived from the original on 4 March 2016. Retrieved 26 February 2016.
Further reading[edit]
- Collins, D. N. «The Franco-Russian Alliance and Russian Railways, 1891–1914.» Historical Journal 16, no. 4 (1973): 777-88. online.
- Haywood, Richard M. «The question of a standard gauge for Russian railways, 1836–1860.» Slavic Review 28.1 (1969): 72-80 online.
- Starns, Karl Edward McDaniel. «The Russian Railways and Imperial Intersections in the Russian Empire.» (Diss. 2013). online
- Westwood, John Norton. A history of Russian railways (G. Allen and Unwin, 1964).
- Westwood, J. Soviet railways to Russian railways (Springer, 2001).
In Russian[edit]
- Госкомстат СССР (Gov’t Statistical Committee ) «Народное хозяйство СССР: статистический ежегодник» (The national economy of the USSR, statistical yearbook),Финансы и статистика, Москва (various years till 1990).
- Госкомстат СССР (Уманский, Л.), «Народное хозяйство СССР за 70 лет: юбилейный статистический ежегодник». Москва, «Финансы и статистика», 1987.
- Госкомстат СССР «Транспорт и связь СССР: Статистический сборник» (USSR Transportation and Communications: statistics). Москва. 1990 (and other editions: 1967, 1972, etc.)
- ЖТ = Железнодорожный Транспорт (Railroad Transportation) a monthly magazine published since 1826. The month designation is numeric; e.g. 10-1998 is the November issue.
- Плакс, А.В. & Пупынин, В.Н., «Электрические железные дороги» (Electric Railroads), Москва, «Транспорт», 1993.
- Резер, С.М., «Взаимодействие транспортных систем», Москва, «Наука», 1985.
- Шадур, Л.А. ed., «Вагоны: конструкция, теория и расчёт» (Railroad cars: construction, theory and calculations), Москва, «Транспорт», 1980.
- Федеральная служба государственной статистики (Federal government statistical service) «Транспорт в России» (Transportation in Russia) (annual) Available online
- Филиппов, М.М. (editor), «Железные дороги. Общий курс» (Railroads, General Course) Москва, Транспорт, 3rd ed. 1981. 4th ed. 1991 with new editor: Уздин, М.М.
- Шафиркин, Б.И, «Единая транспортная система СССР и взаимодействие различных видов транспорта» (Unified Transportation System of the USSR and interaction of various modes of transportation), Москва, «Высшая школа», 1983.
- Шадур. Л. А. (ed.), «Вагоны» (Railway cars), Moscow, «Транспорт», 1980.
External links[edit]
- Russian Railways Official Site (in English)
- Russian Railways on Twitter
- Financial Information
Headquarters in Moscow |
|
Native name |
ОАО «РЖД» |
---|---|
Type | Open joint-stock company |
Industry | Railways |
Predecessor | Ministry of Railways of the Russian Federation [ru] (1992–2004) |
Founded | 18 September 2003; 19 years ago |
Headquarters | Red Gates Square (55°46′N 37°39′E / 55.767°N 37.650°E),
Moscow , Russia |
Area served |
Russia |
Key people |
Oleg Belozyorov (General director) Arkady Dvorkovich (chairman of the board)[1] |
Services | Rail transport, Cargo |
Revenue | $38.6 billion[2] (2017) |
Operating income |
$3.47 billion[2] (2017) |
Net income |
$2.39 billion[2] (2017) |
Total assets | $76.6 billion[2] (2017) |
Total equity | $41.3 billion[2] (2017) |
Owner | Russian Government (100%)[3] |
Number of employees |
740,315[4] (2017) |
Website | Russian Railways (English) |
Russian Railways (Russian: ОАО «Российские железные дороги» (ОАО «РЖД»), romanized: OAO Rossiyskie zheleznye dorogi (OAO RZhD)) is a Russian fully state-owned vertically integrated railway company, both managing infrastructure and operating freight and passenger train services.
The company was established on 18 September 2003, when a decree was passed to separate the upkeep and operation of the railways from the Ministry of Railways of the Russian Federation [ru].[5] RZhD is based in Moscow at Novaya Basmannaya str., 2. The operating units of the central part of the staff are at Kalanchevskaya str., 35.[6]
Railways in the autonomous region of Crimea are controlled by Crimea Railway, a separate company.[7]
History[edit]
Background and 2003 reform[edit]
After the collapse of the Soviet Union in 1991, the Russian Federation inherited 17 of the 32 regions of the former Soviet Railways (SZD).[8]
In the mid-1990s, the profitability of railway transportation of the Russian Ministry of Railways fell to negative values, the bureaucratization of the ministry itself was publicly criticized, which became an occasion for reforms. Shortly after being elected president of Russia in 2000, Vladimir Putin approved the idea of reforming the railway transport, according to which all economic functions on the railway should be transferred to a joint-stock company with 100% state participation. The start of the state program for reforming the Russian railway sector was given by the establishment of Russian Railways in October 2003. The new company received over 95% of the assets belonging to the Ministry of Railways of the Russian Federation.[9][10][11]
In 2003, the Federal Law on Railway Transport divided the Ministry of Railways into the Federal Railway Transport Agency (FRTA) and Russian Railways (RZD).[12] The reform also required RZD to provide access to railway infrastructure to other carriers and operators.[12] As the law requires carriers to provide service to customers anywhere in Russia, RZD retained its dominant position.[12]
Later in 2003, the Decree No. 585 established RZD as a joint stock company, making it a holding in charge of 63 subsidiaries, including TransContainer, RailTranAuto, Rail Passenger Directorate, Russian Troika, TransGroup, and Refservis.[12] RZD acquired 987 companies (95% in asset value) out of the 2046 that had formed the MR system.[13] Gennady Fadeyev, the Railways Minister, became the company’s first president.[14]
The reform saw the creation of a new market segment following the privatization of the network’s rolling stock. The company divided the bulk of its wagon fleet between two new operating companies, Freight One (which was later privatised) and Freight Two (renamed Federal Freight in 2012), and private players such as GlobalTrans also entering the market.[citation needed]
2000s[edit]
An old car (probably from the Soviet period) designed in the new corporate livery of Russian Railways
In 2003, RZD launched a project to replace the narrow gauge on Sakhalin Railway to the broad gauge used in the rest of Russia, which it formally completed in August 2019.[15] The share of privately owned wagons in the freight transport increased to one-third of the total by 2005.[12] On 18 May 2006, the company signed an agreement with Siemens for the delivery of eight high-speed trains.[16]
On 23 May 2007, Russian Railways adopted a new corporate style which changed fundamentally the way the Company presented itself visually to the outside world. The change of corporate identity underwent several stages during the 2007–2010 period.[17] The final version of the logo was designed by BBDO Branding.[18]
Also, commissioned by BBDO Branding The Agency HardCase Design created a family of corporate fonts RussianRail, consisting of 15 fonts. In the new company logo Sans-serif RussianRail Grotesque Medium was used. In 2008, the new logo of Russian Railways became a runner-up for the international design competition WOLDA ’08 award.[19]
Strategy 2030, an investment plan to expand and modernize the railway network, was approved by the Russian government in 2008.[20] Since 2008, as part of the structural reform of rail transport, with separation of the services infrastructure of transportation activity and the emergence of a competitive environment, Russian Railways has been transformed into a vertically oriented holding company.[21]
In 2009, the investment budget was 262.8 billion rubles (excluding VAT), of which 47.4 billion for projects related to the preparation and staging of the Olympic Games in Sochi; 58.7 billion for the renovation of the rolling stock (including supply of Sapsan trains).[citation needed]
2010s[edit]
2005–2010 modernization program of Russian Railways
In 2010, Federal Passenger Company was established as a fully owned subsidiary of Russian Railways, providing long-distance passenger services both in Russia and abroad.[22] By the end of 2013, it operated all long-distance routes, except for high-speed Sapsan lines, which are operated by RZD.[22]
RZD issued its first dollar-denominated bond in 2010, raising $1.5 billion.[23] On 28 October 2011, the Joint Stock Company Freight One, a subsidiary of Russian Railways, sold 75% of its shares minus two shares for 125.5 billion rubles (about 4 billion $) to Independent Transport Company owned by Vladimir Lisin.[21] Thus, Lisin as Russia’s largest operator of rolling stock acquired control of a quarter of the freight market.[24]
As part of its reform efforts, RZD massively reduced its workforce, from 2.2 million in the 1990s to 934,000 people in 2012.[22] In 2012, it became one of the three largest transport companies in the world.[25]
According to a Reuters inquiry, RZD procurement activities in 2012 amounted to $22.5 billion; part of this was awarded to private contractors with no genuine operations in de facto noncompetitive tenders.[26] Some of the company addresses listed on the tenders turned out to be private apartments, car repair shops or department stores.[26] It was alleged that the contractors were actually shell companies, used to convey billions of dollars in tenders to close associates of Yakunin, president of RZD.[27]
Zheldoripoteka, RZD’s real estate arm, was revealed to have sold land plots located close to railway stations in major cities to the son of Russian Railways president Vladimir Yakunin.[28] Far East Land Bridge, a company partnered with a Russian Railways subsidiary, was also linked to Yakunin’s son.[29]
On 16 October 2012, Russian Railways has completed competitive negotiations with potential buyers of the remaining 25-percent plus 1 share stake in JSC Freight One. The best binding offer was received from the Independent Transport Company LLC. The assets were sold for 50 billion rubles.[30]
In early November 2012, Russian Railways announced the purchase of 75% of the French logistics company Gefco SA. The total value of the transaction was 800 million euros, the seller being PSA Peugeot Citroen, the parent company of Gefco.[31] A program to modernize the Baikal–Amur Mainline was launched in 2013, costing the equivalent of £4 billion by 2018.[32]
In 2015, RZD International won a €1.2 billion contract to electrify the Garmsar–Inche Bourun line in Iran.[33]
In August 2015, company president Vladimir Yakunin was dismissed,[34] allegedly because of poor performance and mismanagement.[35] Yakunin was replaced by Oleg Belozyorov.[34]
RZD International began works on the reconstruction of the Serbian Vinarci – Djordjevo line in 2016.[36] The Moscow Central Circle railway, designed and managed by Roszheldorproject, an RZD subsidiary, opened in September 2016.[37] In July 2018, the company announced plans to phase out third-class carriages on long-distance trains by 2025.[38]
2020s[edit]
On 24 February 2022, in response to Russia’s invasion of Ukraine, US President Joe Biden announced economic sanctions against several Russian companies, including Russian Railways.[39]
On 8 April 2022, the shipping company CMA CGM announced to be acquiring the French logistics company Gefco SA from Russian Railways and minority shareholder Stellantis.[40]
On 11 April 2022, the Wall Street Journal and Reuters reported that the International Swaps and Derivatives Association had determined a «failure to pay» credit event occurred on 250 million CHF worth of Swiss franc loan participation notes linked to an entity related to Russian Railways, RZD Capital. The determination is considered the first step to triggering a credit default swap.[41][42]
Future projects[edit]
Planned projects[edit]
In March 2016, RZD approved an updated version of high-speed rail development program until 2030. The 5 trillion ruble program includes the construction of Moscow–Kazan–Yekaterinburg, Moscow–Adler and Moscow–Saint Petersburg high-speed lines, as well as other high-speed lines connecting regional cities.[43]
The construction program is divided into three stages. Until 2020 Russian Railways plans to put into operation the high-speed rail sections linking Moscow–Kazan (1.2 trillion rubles), Moscow–Tula (268.6 billion rubles), Chelyabinsk–Yekaterinburg (122.6 billion rubles), Tula–Belgorod (86.8 billion rubles), Yekaterinburg–Nizhny Tagil (12.9 billion rubles) and Novosibirsk–Barnaul (62.3 billion rubles). The project design of the largest container port in Ust-Luga for reception and distribution of containerized freight on China–Europe route is also part of the program.[43]
Between 2021 and 2025 RZD plans to build Rostov–Krasnodar–Adler, Tula–Voronezh high-speed rail and the extension of Kazan-Yelabuga high-speed rail, as well as other regional high-speed rail links.[43]
During the 2026–2030 third phase of the program, Russian Railways will build Moscow–Saint Petersburg high-speed rail section; the railway line will be extended from Yelabuga to Yekaterinburg, and from Voronezh to Rostov-on-Don.[43]
Proposed projects[edit]
In March 2015, at a meeting of the Russian Academy of Science, Vladimir Yakunin presented an ambitious new transport route called the Trans-Eurasian Belt Development (TEPR) which would go «through Russia with a mega road and high-speed rail network to link Asia with Europe’ and with the opportunity to go to Chukotka and Bering Strait and then to the American continent»[44] to Alaska, «making overland trips from Britain to the US (via the Channel Tunnel) a possibility.»[45]
Owners and management[edit]
The Russian Federation is the founder and sole shareholder of JSC Russian Railways. On behalf of its shareholders the powers are exercised by the Government of the Russian Federation.[46] It approves the president of the company, forms the board of directors annually and approves the annual reports.[47]
An IPO for the company was considered in 2012,[48] but it was pushed back to after 2020.[49]
The Chairman of the Board of Directors of JSC Russian Railways is Oleg Belozerov.[50] Before him, the position was occupied by Kirill Androsov from September 2011 till June 2015.,[51] and previously by Alexander Zhukov – from 20 July 2004 to September 2011 and Viktor Khristenko – from 16 October 2003 – 20 July 2004.
Gennady Fadeev was President of JSC Russian Railways from 23 September 2003 – 14 June 2005. He was succeeded by Vladimir Yakunin – from 14 June 2005 to 20 August 2015. Oleg Belozyorov has been president of the company since 20 August 2015.[1]
Subsidiaries[edit]
As of December 2013, Russian Railways has controlling interests in the following companies:[22]
- Federal Passenger Company (100%);
- Gefco S.A. (75%);
- Federal Freight (100%);
- TransContainer (50.6%);
- Refservice (100%);
- RailTransAuto (51%);
- High-speed Rail Lines (100%);
- RZDstroy (100%);
- Roszheldorproject (55.56%);
- RZD Trading Company (50% + 1)
- TransTeleCom (100%);
- Zhilsotsipoteka (100%);
- Zheldoripoteka (100%);
- TransWoodService (100%);
- BetElTrans (100%);
- First Nonmetallic Company (100%);
- Zeleznodorozhnaya Torgovaya Kompaniya (100%);
- Wagon Repair Company – 1 (100%);
- Wagon Repair Company – 2 (100%);
- Wagon Repair Company – 3 (100%);
- Kaluga Plant Remputmash (100%);
- Incorporated Electrotechnical Plants (50 + 1).
Activities[edit]
RZD staff during a presidential visit to a maintenance depot
The main activities of Russian Railways involve freight and passenger traffic. In Russia, railways carry 42% of the total cargo traffic, and about 33% of passenger traffic.[25] Some passenger categories, such as pensioners, members of parliament, and holders of Soviet and Russian state decorations, receive free or subsidized tickets.[citation needed]
Freight traffic[edit]
In 2013 railways carried nearly 90% of Russia’s freight, excluding pipelines.[52][53] In 2014, railway infrastructure and locomotive services accounted for 74% of the company’s total revenue.[54]
The cost of freight tariff is determined by the Federal Tariff Service at net cost or higher.[citation needed]
Long-distance travel[edit]
Russian Railways has a near-monopoly on long-distance train travel, with its subsidiary, Federal Passenger Company, accounting for 90% of total passenger turnover in 2017.[55] Passenger transportation accounted for 10.6% of the company’s revenue in 2017.[56] The long-distance passenger fleet includes 19,386 rail cars as of 2017, with an average age of 19.1 years.[57] Over 60% of long-distance passengers travel in third-class sleeping carriages.[57]
The long-distance rail passenger business is under increasing competition from airlines, due to their aggressive domestic pricing policies and generally shorter travel times for routes under 1,000 km.[58] International rail passenger traffic dropped from 19.4 million passengers in 2013 to 6.8 million in 2017.[58]
In 2005–2010, JSC Russian Railways has launched a program to introduce new high-speed trains.[59] The first train, Sapsan, commenced service in December 2009 and connects Saint Petersburg, Moscow and Nizhny Novgorod and is operated with trains manufactured by the German company Siemens.[60]
The second train, Allegro, has run from Saint Petersburg to Helsinki via Vyborg since December 2010 and is owned and operated together with the Finnish VR Group.
Sapsan was the most successful passenger train of JSC Russian Railways with occupancy rate of 84.5% (according to RZD in 2010) and profitability of 30% (although capital costs were not included in its calculation).[61]
Fares on long distance trains[edit]
Passenger tariffs (except for travelling in the stateroom, sleeping and VIP-cars) are approved by the State, represented by the Federal Tariff Service with social orientation of its traffic operations below cost. Passenger fare is divided into two components: «ticket» (which includes the cost of transport infrastructure, locomotive traction and the Station component) and «reserved seat» (service of transport company, which is the owner of the car). Since 2003, the flexible schedule tariffs (FST) to travel on long-distance trains is used:
- in the period of keen demand the rate is above the annual average by 5–20% (earlier it was up to +45%)
- approximately the third part of the year the base rate is active
- during the periods of low passenger’s traffic the rate is lower by 5–20%. On certain days of the year (from 1 to 3 days, at different times on such days as 31.12, 01.01 and dates around 9 May) the index of 45–50% is valid when tickets are twice cheaper.
FST is calculated in such a way as to stimulate passengers to undertake a trip on the date with the lowest index. In 2010 and 2011, the average weighted index for calendar periods was 0.97 and the average volume of passenger traffic – 1.00.
According to the JSC Russian Railways statement, the passenger transportation – except for some highly profitable directions – is unprofitable. These losses are partly compensated from the budget, and for the most part – with the help of cross-subsidies by income from freight.
Suburban passenger companies[edit]
RZD staff at the launch of the Lastochka train on the Saint Petersburg-Vyborg route
Since 2009, the company is not a direct carrier of suburban passengers. Suburban transport is now operated by passenger companies founded by the executive agencies of the Russian Federation, Russian Railways and private investors.[62] As of 2016, there are 25 suburban passenger companies (SPC), and Russian Railways owns a majority stake in 19 of them.[63]
Especially for the SPC a zero tariff for the use of railway infrastructure was introduced. Russian Railways receives 25 billion rubles subsidies as compensation annually from the State.[64] Commuter traffic in the whole network increased in 2011 on 5.6% and is about 878.33 million people.[62] Passenger turnover rail in the Russian regions ranges from 5% to 30% in total passenger traffic.[64]
[edit]
Since its establishment in 2003, Russian Railways sponsoring FC Lokomotiv Moscow in the Russian Premier League.[citation needed]
Since February 2016 Russian Railways is the sponsor of Rodina Kirov, a bandy team in the Russian Bandy Super League.[65]
Assets[edit]
Infrastructure[edit]
Passenger trains interactive map |
|
Overview | |
---|---|
Reporting mark | RZD, RZhD |
Locale | |
Dates of operation | 2004–present |
Technical | |
Track gauge |
|
Electrification | 3 kV DC, 25 kV AC Main |
Length | 85,500 km (53,100 mi) |
As of 31 December 2009, the total operational length of railway is 85 281 km, including the track gauge of 1,520 mm (4 ft 11+27⁄32 in) – 84 446 km, the length of continuous welded rails 74.4 thousand km, the railway network operated by 166 975 switches, 138 tunnels and 30,727 bridges.[citation needed]
The length of lines equipped with automatic block (AB) and centralized control, is 62,055 km, or 72.9%. Devices of railway automation and remote control on the Russian railway network served with 203 distance signaling, centralization and blocking and with one technical center of automation and remote control.
The following Railways belong to RZD:[66]
Russia:
- October Railway – 10,378 km (managed from Saint Petersburg)
- Kaliningrad Railways – 963 km (managed from Kaliningrad)
- Moscow Railway – 8,800 km (managed from Moscow)
- Gorky Railway – 5,297 km (managed from Nizhny Novgorod)
- Northern Railway – 5,961 km (managed from Yaroslavl)
- North Caucasus Railways – 6,311 km (managed from Rostov-on-Don)
- South-Eastern Railway – 4,189 km (managed from Voronezh)
- Privolzhsk Railway – 4,237 km (managed from Saratov)
- Kuybyshev Railway – 4,752 km (managed from Samara)
- Sverdlovsk Railway – 7,154 km (managed from Yekaterinburg)
- South Urals Railways – 4,807 km (managed from Chelyabinsk)
- West Siberian Railway – 5,558 km (managed from Novosibirsk)
- Krasnoyarsk Railways – 3,158 km (managed from Krasnoyarsk)
- East Siberian Railway – 3,876 km (managed from Irkutsk)
- Zabaikal Railway – 3,336 km (managed from Chita)
- Far Eastern Railway – 5,991 km (managed from Khabarovsk)
Abkhazia:
- Abkhazian Railway: 10-year lease starting from 2009.[67]
Armenia
- South Caucasus Railway: 30-year concession starting 2008.[68]
RZD also manages a 50% share in Ulaanbaatar Railways on behalf of the Russian government.[69]
Rolling stock[edit]
Russian Railways train showcase in 2015
Traction rolling stock includes diesel locomotives, electric locomotives, electric trains, diesel trains, railcars, railway handcar, other self-propelled equipment and non-tractive rolling stock – different cars (passenger, freight) and a special rolling stock.[citation needed]
The main producer of passenger cars (95%) is Tver Carriage Works.[citation needed]
At the end of 2012, the rolling stock inventory included 20,618 locomotives, including 2,543 electric passenger locomotives, 578 diesel passenger locomotives, 7,837 electric freight locomotives, 3,556 diesel freight locomotives, 6,104 shunting locomotives.[70]
In 2017 RZD purchased 459 locomotives, including four EP1M, 13 EP2K, 19 TEP70BS and four EP20 passenger units, as well as 84 2ES6, 10 2ES10, 51 2ES5K, 45 3ES5K, four 3ES4K, 86 2TE25KM, and five 4ES5K freight units.[71]
In 2013, the RZD holding owned 252,900 freight cars, including 54,200 owned directly by Russian Railways, with the rest owned by company subsidiaries and affiliates, such as Federal Freight and TransContainer.[72]
Performance indicators[edit]
Annually JSC Russian Railways carries over 1 billion passengers and 1 billion tons of freight.
Kind of activity |
Indicator | 2005 | 2007 | 2008 | 2009 |
Freight traffic |
Freight (trln tn. km). | 1.85 | 2.31 | 2.4 | 2.27 |
To last year | +3.1% | +5% | |||
Freight (bln tn.). | 1.40 | 1.34 | 1.30 | 1.11 | |
To last year | +4% | ||||
Passenger traffic |
Passenger turnover (trl pass. km) | 118.9 | 174.1 | 176 | 153.6 |
To last year | +3.8% | +1% | |||
Passengers (mln pass.) | 1352.8 | 1296 | ~1100 | ||
To last year | +2.5% | ||||
Attendants (ths people) | 1127 | 1099 | 1075 |
In 2011, freight traffic of Russian Railways totaled about 1.4 billion tons. Passenger traffic for the year 2011 reached 992.4 million people.[25]
Indicators | 2005 | 2006[73] | 2007[74] | 2008[75] | 2009[76] | 2010[77] | |||||
---|---|---|---|---|---|---|---|---|---|---|---|
Income | 749 bln rb. | 877.9 bln rb. | 1.016 trl rb. | 1.203 trl rb. | 1.126 trl rb. | 1.334 trl rb. | |||||
Operating cost | 684.7 bln rb. | 821.5 bln rb. | 1.089 trl rb. | 1.013 bln rb. | 1.135 bln rb. | ||||||
Operating income | 194.7 bln rb. | 194.6 bln rb. | 113.9 bln rb. | 113.3 bln rb. | 198.9 bln rb. | ||||||
EBITDA | 267.5 bln rb. | ||||||||||
Net income | 114 bln rb. | 139.8 bln rb. | 144.9 bln rb. | 76.4 bln rb. | 121.3 bln rb. | 208.3 bln rb. |
The average salary on the network in October 2011 – 31 thousand rubles a month.[78] Loading volume for the year 2012 amounted to 1 billion 274.7 million tons (+2.7% compared to 2011), the share in the total turnover of the country (except pipelines) — 85.5%. In 2012, the network carried 1 bln 56.7 million passengers (+6.4% compared to 2011). Net income from the basic activities using Russian GAAP was in 2012 almost 5.3 billion rubles, which is a decrease compared to 2011 (13.7 billion rubles) of almost 3 times.[79]
In total, Russian Railways receives 112 billion roubles (around US$1.5 billion) annually from the government.[80]
See also[edit]
- Russian Railway Museum, in Saint Petersburg
- Emperor railway station in Pushkin town
References[edit]
- ^ a b «Структура ОАО «РЖД» – ОАО «РЖД»«. Archived from the original on 26 November 2016. Retrieved 9 December 2016.
- ^ a b c d e http://eng.rzd.ru/statice/public/en?STRUCTURE_ID=4224&layer_id=4516&refererLayerId=4518&id=381.
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Further reading[edit]
- Collins, D. N. «The Franco-Russian Alliance and Russian Railways, 1891–1914.» Historical Journal 16, no. 4 (1973): 777-88. online.
- Haywood, Richard M. «The question of a standard gauge for Russian railways, 1836–1860.» Slavic Review 28.1 (1969): 72-80 online.
- Starns, Karl Edward McDaniel. «The Russian Railways and Imperial Intersections in the Russian Empire.» (Diss. 2013). online
- Westwood, John Norton. A history of Russian railways (G. Allen and Unwin, 1964).
- Westwood, J. Soviet railways to Russian railways (Springer, 2001).
In Russian[edit]
- Госкомстат СССР (Gov’t Statistical Committee ) «Народное хозяйство СССР: статистический ежегодник» (The national economy of the USSR, statistical yearbook),Финансы и статистика, Москва (various years till 1990).
- Госкомстат СССР (Уманский, Л.), «Народное хозяйство СССР за 70 лет: юбилейный статистический ежегодник». Москва, «Финансы и статистика», 1987.
- Госкомстат СССР «Транспорт и связь СССР: Статистический сборник» (USSR Transportation and Communications: statistics). Москва. 1990 (and other editions: 1967, 1972, etc.)
- ЖТ = Железнодорожный Транспорт (Railroad Transportation) a monthly magazine published since 1826. The month designation is numeric; e.g. 10-1998 is the November issue.
- Плакс, А.В. & Пупынин, В.Н., «Электрические железные дороги» (Electric Railroads), Москва, «Транспорт», 1993.
- Резер, С.М., «Взаимодействие транспортных систем», Москва, «Наука», 1985.
- Шадур, Л.А. ed., «Вагоны: конструкция, теория и расчёт» (Railroad cars: construction, theory and calculations), Москва, «Транспорт», 1980.
- Федеральная служба государственной статистики (Federal government statistical service) «Транспорт в России» (Transportation in Russia) (annual) Available online
- Филиппов, М.М. (editor), «Железные дороги. Общий курс» (Railroads, General Course) Москва, Транспорт, 3rd ed. 1981. 4th ed. 1991 with new editor: Уздин, М.М.
- Шафиркин, Б.И, «Единая транспортная система СССР и взаимодействие различных видов транспорта» (Unified Transportation System of the USSR and interaction of various modes of transportation), Москва, «Высшая школа», 1983.
- Шадур. Л. А. (ed.), «Вагоны» (Railway cars), Moscow, «Транспорт», 1980.
External links[edit]
- Russian Railways Official Site (in English)
- Russian Railways on Twitter
- Financial Information
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Перевод «ОАО «РЖД» на английский
Предложения
ОАО «РЖД» совместно с партнерами планируют распространить эту универсальную информационную технологию мультимодальных перевозок на все международные транспортные коридоры.
Russian Railways and its partners plan to extend this universal intermodal transport information technology to all international transport corridors.
В ходе реформирования ОАО «РЖД» обеспечило выход на расширенное воспроизводство основных фондов.
During its reform, Russian Railways took steps to ensure expanded reproduction of fixed capital.
Нельзя сказать, что ОАО «РЖД» этим не занимается.
It can not be said that RZD does not want this.
Эти поезда будут переданы ОАО «РЖД» в конце 2014 года.
These additional trains are due to be handed over to RZD by the end of 2014.
В сфере пассажирского комплекса ОАО «РЖД» вышло на новый этап структурной реформы.
With regard to passenger transport, Russian Railways has embarked on a new phase of structural reform.
ОАО «РЖД» на протяжении ряда лет проводит последовательную работу по поддержанию структуры кредитного портфеля в пределах целевых параметров.
Russian Railways has made consistent efforts over the years to maintain the debt portfolio structure within the targeted parameters.
Переход на долгосрочную тарифную политику является одним из ключевых элементов формирования долгосрочной финансовой модели деятельности ОАО «РЖД».
Transition to the long-term tariff policy is a key element in the formation of a long-term financial model for Russian Railways operations.
Чтобы решить ее ОАО «РЖД» развивает схемы сотрудничества наподобие аутсорсинга, которые позволяют привлекать частные инвестиции в отрасль».
In order to solve it, Russian Railways develop such partnership options as outsourcing that helps attract private investments into the industry .
В ОАО «РЖД» особое внимание уделяется отдельным видам рисков, таким как коррупционные риски.
Russian Railways pays particular attention to certain types of risks, such as corruption risks.
В сложных условиях экономической стагнации и сдерживания тарифов ОАО «РЖД» смогло справиться с установленными плановыми показателями и доказать устойчивость выбранной модели управления.
Amidst the difficult conditions of economic stagnation and tariff control, Russian Railways succeeded in achieving its planned targets and demonstrating the sustainability of its chosen governance model.
ОАО «РЖД» поддерживает объем краткосрочных заимствований в портфеле на уровне не более 15 %.
Russian Railways maintains the volume of short-term borrowings in the portfolio at a level of no more than 15%.
ОАО «РЖД» придает большое значение своевременному предупреждению и справедливому урегулированию корпоративных конфликтов, стараясь предупреждать их на ранних стадиях появления.
Russian Railways attaches great importance to the timely prevention and equitable settlement of corporate disputes and tries to prevent their emergence at an early stage.
Приобретение обеих транспортных компаний позволит ОАО «РЖД» обеспечить контроль над транзитными потоками грузов на ключевых европейских направлениях.
The acquisition of the two transport companies will allow Russian Railways to secure control over the goods transit flows in key European destinations.
В конце октября ОАО «РЖД» заявило о намерении создать условия для привлечения нефтяных грузов на железную дорогу.
At the end of October Russian Railways declared its intent to create conditions which will attract oil cargoes to the railway.
В непростых экономических условиях, которые сложились в 2014 году, ОАО «РЖД» сохранило позиции ведущего представителя транспортной отрасли России.
Amidst the challenging economic conditions seen in 2014, Russian Railways retained its position as the leading representative of the Russian transportation industry.
Также ОАО «РЖД» строит и модернизирует железнодорожную инфраструктуру в Сербии и ряде других стран.
Russian Railways is also building and upgrading railway infrastructure in Serbia and a number of other countries.
Кирилл Семион напомнил, что в случае с ОАО «РЖД» работает еще и эффект масштаба.
Kirill Semion recalled that in the case of Russian Railways, scale effect also works.
Я обвиняю ОАО «РЖД» и администрацию Балашихи в гибели моей жены и десятков других людей.
I blame Russian Railways and the administration of Balashikh for the death of my wife and dozens of other people.
Пассажирское сообщение между Россией и Финляндией занимает около 52% от всего объема международных перевозок ОАО «РЖД».
Passenger travel between Russia and Finland accounts for around 52% of RZD’s entire volume of international transport.
Также ОАО «РЖД» продолжает разработку проектной документации высокоскоростной магистрали Москва — Казань с совместным российско-китайским консорциумом.
Russian Railways is also continuing to develop the project documentation for the Moscow — Kazan high-speed line with a joint Russian-Chinese consortium.
Предложения, которые содержат ОАО «РЖД
Результатов: 1307. Точных совпадений: 873. Затраченное время: 260 мс
Documents
Корпоративные решения
Спряжение
Синонимы
Корректор
Справка и о нас
Индекс слова: 1-300, 301-600, 601-900
Индекс выражения: 1-400, 401-800, 801-1200
Индекс фразы: 1-400, 401-800, 801-1200