Russian Railways and VR Group discussed the resumption of passenger traffic

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AK&M 27 August 2021 15:17

Russian Railways and VR Group discussed the resumption of passenger traffic. The heads of the Russian and Finnish railways expressed their hope and readiness for the early resumption of passenger railway communication between the countries. This is stated in the message of Russian Railways.

The heads of Russian Railways and VR Group noted the effectiveness of cooperation and the good results achieved last year: the growth of cargo transportation volumes amounted to 5%, container transportation increased by 6%. At the same time, the participants expressed their intention to continue working together not only to preserve the volume of transportation, but also to bring new logistics products to the market.

JSC "Russian Railways" is one of the world's top three railway companies. The company started operations on October 1, 2003. The founder and sole shareholder of JSC "Russian Railways" is the Russian Federation. On behalf of the Russian Federation, the powers of the shareholder are exercised by the Government of the Russian Federation. Russian Railways ' net profit under RAS for 2020 decreased to RUB 282.96 million from RUB 53.45 billion a year earlier. Revenue decreased by almost 2% to 1.8 trillion rubles from 1.95 trillion rubles. Gross profit decreased by 14% to RUB 263.16 billion from RUB 305.93 billion.