The Company

About Russian Railways: download.

Key Facts & Figures: Russian Railways

The second largest network in the world with 85,500 km of track – 43,000 km of which are electrified
Carries over 1.1 billion passengers and 1.1 billion tonnes of freight annually across 11 time zones
Responsible for 43% of Russia’s total freight traffic (including pipelines) and more than 41% of passenger traffic
Employs over 1 million people
A major contributor to the fast-growing Russian economy
Assets worth over USD 88 billion (as of 31/12/2008)
Russia’s fourth-largest company by revenue – over USD 41 billion for 2008 (according IFRS)
Comprises 987 enterprises and 165 subsidiaries
Rolling stock includes:
- 19,700 goods and passenger locomotives
- 624,900 goods wagons
- 24,100 long-distance passenger carriages
- 15,600 short-range passenger carriages

Services and Infrastructure

Financials

State-owned joint-stock company
Charter capital over RUB 1 583 billion (over USD 52 billion)
One of Russia’s most profitable companies – net income over USD 2.6 billion in 2008

The Russian Context

Because of the country’s huge territory and vast natural resources, a highly developed railway system is vital to Russia
Many of Russia’s natural resources are in remote, harsh and sparsely populated regions of Siberia and the Russian Far East that have bad road distribution and are far removed from the main population centres in European Russia
Rail connect 85 of Russia’s 89 regions and provides services to most major cities and have a direct impact on growth, industrial development and regional integration
Much of the population relies on the railways not only because of relatively few roads, huge distances and the remoteness of large parts of the country but also because Russian Railways is the biggest employer in the country

Reform Program

The programme of reforms includes the update of production and technical facilities, renewal of track and rolling stock, greater efficiency and increased revenues, greater competitiveness and the higher motivation of railway personnel
Planned total investment in developing rail transport in Russia up to 2030 is USD450 billion
The new lines will ensure transport to and from industrial areas and newly-developed mineral deposits
Important aims include the elimination of cross-subsidies and, in the longer-term future, partial privatisation

Social Responsibility

A socially responsible company, Russian Railways human resources policy is strongly based on long-term investment in personnel
Russian Railways makes substantial investments in employees’ development and supports a large educational and training network specialising in the railway industry, as well as providing scholarships to students
The Company’s facilities range from pre-schools and schools to study centres, universities and R&D institutes specialising in railway transport and engineering, including 17 study centres and 33 technical railway centres
Russian Railways’ environmental programme has successfully reduced harmful emissions into the air, water and ground in recent years, even while increasing production
By providing attractive rail alternatives to many air routes, Russian Railways reduces the air pollution resulting from air travel