Russian Railways Logistics and KazGrain have agreed to jointly develop grain transportation

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AK&M 16 October 2026 18:51

Russian Railways Logistics and KazGrain have signed a memorandum on the joint development of grain and other agricultural cargo transportation between Russia, Kazakhstan and the CIS countries. This is stated in the message of Russian Railways Logistics.

The main area of cooperation is transportation solutions that will optimize transportation and expand the geography of supplies.

The companies plan to jointly develop railway and multimodal transportation, new routes and logistics schemes.

The memorandum also provides for the exchange of information on cargo flows and market needs and the development of business contacts between exporters, cargo owners, carriers, terminals and trading companies.

Russian Railways Logistics JSC (RZDL) is a subsidiary of Russian Railways, established on November 19, 2010 as part of the development of the logistics business of the Russian Railways holding.

JSC "Russian Railways" (TIN 7708503727) was established on October 1, 2003 on the basis of the Ministry of Railways. The state owns 100% of the company's shares.

According to RA AK&M, by the end of 2024, Russian Railways are among the leaders in the social efficiency rating of the largest Russian companies.

Russian Railways' RAS net profit for 2025 increased by 1.4% to 14.1 billion rubles from 13.8 billion rubles a year earlier. EBITDA amounted to 984.2 billion rubles with an increase of 16.3%.

Russian Railways' financial expenses in 2025 amounted to 534.1 billion rubles, which is why net profit for 2025 under IFRS decreased to 2.3 billion rubles from 50.7 billion rubles in 2024. Revenue from passenger transportation increased by 13% to RUB 473.1 billion.