January 24, 2015 11:36 PM ET

Road and Rail

Company Overview of Open Joint Stock Company Russian Railways

Company Overview

Open Joint Stock Company Russian Railways, together with its subsidiaries, provides railway transport services in the Russian Federation. The company offers long-distance and suburban passenger transport, freight transport, logistics, forwarding agency, locomotive propulsion, and telecommunication services, as well as engages in trading activities. It is also involved in the construction of residential buildings and infrastructure facilities; research and development; supply of rolling stock, railway equipment, and spare parts; extraction, processing, and sale of nonmetallic minerals; repair and maintenance of rolling stock; and manufacture of electrical engineering equipment. The company wa...

Novaya Basmannaya Street, 2

Moscow,  107174

Russia

Founded in 2003

Key Executives for Open Joint Stock Company Russian Railways

Chairman of Management Board
Age: 66
Senior Vice President of Economics & Finance
Age: 45
Chief Engineer
Age: 59
Senior Vice President of Corporate Governance & Strategic Development
Age: 62
Head of the Directorate of Traction
Age: 53
Compensation as of Fiscal Year 2014.

Open Joint Stock Company Russian Railways Key Developments

Russian Railways Reports Revenue Results for the Year 2014

Russian Railways reported revenue results for the year 2014. For the year, the company reported revenues of RUB 1.38 trillion.

RZD Plans To Sell Stake In Transmashholding For Not Less Than Purchase Price

Open Joint Stock Company Russian Railways (RZD) is planning to sell its stake in CJSC Transmashholding for no less than its purchase price, RZD President Vladimir Yakunin said in an interview with TV channel Russia-24, Russia & CIS Business & Financial Daily reported. Yakunin said he had "preliminary" contact with current TMH shareholders. "But by way of the statutory documents and with a desire to sell this stake, we have to offer it up first and foremost to existing shareholders," he said. If stake will be sold in 2015, Yakunin said "A lot depends on the situation on the market. On such a market, it might not be very profitable to sell anything. We'll wait and see how the events unfold, and then we'll make a decision upon agreement with the government."

Russian Railways Plans 25% Stake Sale In Transmashholding

Open Joint Stock Company Russian Railways is looking at divesting 25% stake CJSC Transmashholding. Chief Executive Officer Vladimir Yakunin said: “Me and a few top managers are thinking about quitting the ownership of a 25% stake in Transmashholding."

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 25, 2014
--
Merger/Acquisition
November 17, 2014
Obedinennaya Transportno-Logisticheskaya Kompaniya, OOO
Merger/Acquisition
September 8, 2014
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