CEO — Mr Ruslan Babaev
39-569: The Privolzhskaya Railway (Приволжская железная дорога; "Volga Railway") is a subsidiary of the Russian Railways headquartered in Saratov . It serves the Saratov , Volgograd , and Astrakhan regions of Russia . Its three branches are headquartered in Saratov, Volgograd , and Astrakhan . The railway route length totals 4236,8 km. The network has 31 146 employees (as of 2009). A short stretch of
78-588: 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" to Alaska, "making overland trips from Britain to
117-590: A program to introduce new high-speed trains. 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. 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
156-653: A separate company. After the collapse of the Soviet Union in 1991, the Russian Federation inherited 17 of the 32 regions of the former Soviet Railways (SZD). 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
195-445: 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 . Thus, Lisin as Russia's largest operator of rolling stock acquired control of a quarter of the freight market. As part of its reform efforts, RZD massively reduced its workforce, from 2.2 million in the 1990s to 934,000 people in 2012. In 2012, it became one of
234-465: Is Oleg Belozerov. Before him, the position was occupied by Kirill Androsov from September 2011 till June 2015, 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
273-480: Is also part of the program. 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. 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. In March 2015, at
312-627: Is considered the first step to triggering a credit default swap . In December 2023 the joint venture with the VR Group , Finnish Railways, to run the Karelian Trains ceased, the trains having stopped running in March 2022 following the Russian invasion of Ukraine and Russian Railways having failed to meet their portion of the financing obligations, VR Group assumed the whole financial obligations and took over
351-675: Is determined by the Federal Tariff Service at net cost or higher. Limited railway capacity is the main factor limiting Russian coal exports to Asia. Demand for Russian coal in Europe has declined due to the energy transition and Russia's invasion of Ukraine and this reinforces the need for Russia to reorient coal exports to Asia. 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. Passenger transportation accounted for 10.6% of
390-449: 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: FST is calculated in such a way as to stimulate passengers to undertake a trip on
429-629: Is part of the North-South International Transport Corridor to Moscow and Kazakhstan . This Russian rail transport related article is a stub . You can help Misplaced Pages by expanding it . Russian Railways 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
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#1732852323110468-531: 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 . It approves the president of the company, forms the board of directors annually and approves the annual reports. An IPO for the company was considered in 2012, but it was pushed back to after 2020. The Chairman of the Board of Directors of JSC Russian Railways
507-564: Is the largest privately owned high-tech company rendering freight logistics services in Russia and abroad. The company was the part of Fletcher Group Holdings Limited controlled by Russian billionaire Vladimir Lisin . In 2023, the company was sold to a new owner, JSC Aurora Invest. Freight One owns over 100,000 units of rolling stock of different types and shipped over 160 million tons of freight in 2021, reclaiming its status as leader in terms of volume of traffic and cargo turnover in Russia. In 2021
546-448: The broad gauge used in the rest of Russia, which it formally completed in August 2019. The share of privately owned wagons in the freight transport increased to one-third of the total by 2005. On 18 May 2006, the company signed an agreement with Siemens for the delivery of eight high-speed trains. On 23 May 2007, Russian Railways adopted a new corporate style which changed fundamentally
585-573: 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. RZD acquired 987 companies (95% in asset value) out of the 2046 that had formed the MR system. Gennady Fadeyev, the Railways Minister, became the company's first president. The reform saw
624-671: 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. A program to modernize the Baikal–Amur Mainline was launched in 2013, costing the equivalent of £4 billion by 2018. In 2015, RZD International won a €1.2 billion contract to electrify the Garmsar–Inche Bourun line in Iran. In August 2015, company president Vladimir Yakunin
663-607: The Russian Federation. In 2003, the Federal Law on Railway Transport divided the Ministry of Railways into the Federal Railway Transport Agency (FRTA) and Russian Railways (RZD). The reform also required RZD to provide access to railway infrastructure to other carriers and operators. As the law requires carriers to provide service to customers anywhere in Russia, RZD retained its dominant position. Later in 2003,
702-554: The US (via the Channel Tunnel) a possibility." Limited railway capacity is the main bottleneck for Russian coal exports to Asia. Demand for Russian coal in Europe has declined due to the energy transition and Russia's invasion of Ukraine and this reinforces the need for Russia to reorient coal exports to Asia. Various Russian actors have therefore proposed the rapid expansion of the country's eastward rail capacity. The Russian Federation
741-434: The company since 20 August 2015. As of December 2013, Russian Railways has controlling interests in the following companies: 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. The main activities of Russian Railways involve freight and passenger traffic. In Russia, railways carry 42% of
780-481: The company stated that it will invest around $ 200 million into its rolling stock, including buying of its own containers and building container terminals. Freight One owns car repair factories situated in different regions of Russian Federation. One of these factories - Joint Stock Company “Railcar Repairs Gryazi” specializes in current and full repair of rail cars, including low sided cars, platforms, pellet carriers and cement lorries. Industrial capacity of this factory
819-585: The company's revenue in 2017. The long-distance passenger fleet includes 19,386 rail cars as of 2017, with an average age of 19.1 years. Over 60% of long-distance passengers travel in third-class sleeping carriages. 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. International rail passenger traffic dropped from 19.4 million passengers in 2013 to 6.8 million in 2017. In 2005–2010, JSC Russian Railways has launched
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#1732852323110858-411: The contractors were actually shell companies , used to convey billions of dollars in tenders to close associates of Yakunin, president of RZD. 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. Far East Land Bridge, a company partnered with a Russian Railways subsidiary,
897-483: 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. In 2003, RZD launched a project to replace the narrow gauge on Sakhalin Railway to
936-875: 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. Freight One Subsidiaries: 2. Joint Stock Company “Railcar Repairs Gryazi” CEO — Mr Alexey Koniaev 3. Limited Liability Company “Railcar Repairs Zarinsk” CEO — Mr Sergey Klimenko 4. Joint Stock Company “SteelTrans” CEO — Mr Alexey Gorbunov 5. Freight One Central Asia Limited Liability Partnership The Freight One ( Russian : Первая грузовая компания )
975-542: The emergence of a competitive environment, Russian Railways has been transformed into a vertically oriented holding company. 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). In 2010, Federal Passenger Company
1014-485: 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
1053-458: 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
1092-631: The railway crosses the territory of Kazakhstan . It was established in 1953 by the merger of the Stalingrad Railway and Ryazan-Uralsk Railway and was recently extended to Olya , a port on the Caspian Sea . About 50 km (31 mi) north of Astrakhan, the railway crosses the Akhtuba river on a 494 m (1,621 ft) truss bridge, which was widened in 2021 to eliminate the last single-track section between Baskunchak and Astrakhan. The route
1131-440: The rolling stock. 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. The construction program is divided into three stages. By 2020, Russian Railways planned to put into operation
1170-608: The shipping company CMA CGM announced to be acquiring the French logistics company Gefco SA from Russian Railways and minority shareholder Stellantis . 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
1209-411: The three largest transport companies in the world. 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. Some of the company addresses listed on the tenders turned out to be private apartments, car repair shops or department stores. It was alleged that
Privolzhskaya Railway - Misplaced Pages Continue
1248-439: The total cargo traffic, and about 33% of passenger traffic. Some passenger categories, such as pensioners, members of parliament, and holders of Soviet and Russian state decorations, receive free or subsidized tickets. In 2013 railways carried nearly 90% of Russia's freight, excluding pipelines. In 2014, railway infrastructure and locomotive services accounted for 74% of the company's total revenue. The cost of freight tariff
1287-475: The way the Company presented itself visually to the outside world. The change of corporate identity underwent several stages during the 2007–2010 period. The final version of the logo was designed by BBDO Branding. 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
1326-538: Was also linked to Yakunin's son. 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. In early November 2012, Russian Railways announced the purchase of 75% of
1365-589: Was dismissed, allegedly because of poor performance and mismanagement. Yakunin was replaced by Oleg Belozyorov . RZD International began works on the reconstruction of the Serbian Vinarci – Djordjevo line in 2016. The Moscow Central Circle railway, designed and managed by Roszheldorproject , an RZD subsidiary, opened in September 2016. In July 2018, the company announced plans to phase out third-class carriages on long-distance trains by 2025. On 8 April 2022,
1404-473: Was established as a fully owned subsidiary of Russian Railways, providing long-distance passenger services both in Russia and abroad. By the end of 2013, it operated all long-distance routes, except for high-speed Sapsan lines, which are operated by RZD. RZD issued its first dollar-denominated bond in 2010, raising $ 1.5 billion. On 28 October 2011, the Joint Stock Company Freight One ,
1443-563: 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 . 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. Railways in the Russian-occupied region of Crimea are controlled by Crimea Railway ,
1482-490: 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). 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
1521-401: Was used. In 2008, the new logo of Russian Railways became a runner-up for the international design competition WOLDA '08 award. Strategy 2030, an investment plan to expand and modernize the railway network, was approved by the Russian government in 2008. Since 2008, as part of the structural reform of rail transport, with separation of the services infrastructure of transportation activity and
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