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The head of Russian Railways reported to the President on the company’s performance in 2014.
Vladimir Yakunin said that Russian Railways’ cargo turnover grew by 5 percent and investment and profit plan was implemented in full. The company’s total revenues amounted to 1.38 trillion rubles.
Much attention is being given to continuing reforms in railway transportation, especially improving management efficiency. The company is on course with its science and technology research programme and is putting innovations into practice. In particular, Russian Railways is carrying out a joint project with Siemens in the new port of Ust-Luga.
January 23, 2015, Novo-Ogaryovo, Moscow Region