Russian Railways
page 5
Vladimir Yakunin: "Today we cannot save on modernization"
The president of Russian Railways, Vladimir Yakunin, said today that the current economic crisis is the second wave of the 2008 crisis. Yakunin believes that we should not be currently saving on innovation and modernization projects.
The head of Russian Railway urges not to save on modernization
Creating of a perfect railway infrastructure can become the mean to counter crisis
Rating agencies have turned against Russia
Moody's ratings agency has shifted Russia's government bond rating to Baa3/Prime 3 from Baa2/Prime 2, the agency has said in a statement. Moody's said it also “lowered Russia's country ceilings for foreign currency debt to Baa3/Prime 3 from Baa2/Prime 2.
Leading Russian companies fall in Fitch’s rating
The international rating agency Fitch announced a decrease of the ratings and a worsening of the forecasts for 13 major Russian companies.The foreign and national currency IDR of Gazprom, LUKOIL and Russian Railways were decreased from BBB to BBB-. NOVATEK’s rating remained at the level of BBB-, but the forecast was changed to a negative one.Ratings by Fitch show that the companies are restricted by the sovereign rating at the moment, RIA Novosti reports.
Lastochka trains to stay in Sochi
Lastochka trains with 5 carriages will continue transporting passengers on the Sochi - Rosa Khutor route (6 pairs of trains a day) and the Tuapse - Olimpiysky Park ( 6 pairs a day), starting on December 20, 2014, Yuga.ru reports.They will continue serving Russian Railways until they are transferred to Kuban Express-Prigorod.Lastochka trains were put into commission on March 20, 2014. About 1.5 billion rubles were lost by Russian Railways as a result of price regulations.
Russian Railways blames lack of passengers for cancellation of trains to CIS
The cancellation of a number of trains to CIS countries will not affect passengers. The "Federal Passenger Company" clarified that sales of tickets for the cancelled trains were closed, explaining the revision of the schedule was due to a sharp decline in passenger traffic. The railway administrations of Kazakhstan, Azerbaijan, Ukraine and Tajikistan have responded to the decision of the FPC neutrally, saying they will cope without Russian trains.
Egon Bahr: “I was impressed by Vladimir Yakunin’s report”
The dialogue with Moscow shouldn’t be broken off
Russia to build railway track to Europe bypassing Ukraine
Russian Railways' chief executive Vladimir Yakunin says the company is going to build a railway track to Europe bypassing Ukraine,
Yakunin says a bridge will be built over Kerch Strait
Yakunin says, a bridge to be built over Kerch StraitThe head of the Russian Railways, Vladimir Yakunin said today that it has been decided to build a bridge over the Kerch Strait.The initial idea to build a tunnel under the strait has …
American companies interested in cooperation with Russian Railways
Russian companies interested in cooperation with Russian Railways"American companies are interested in cooperation with the Russian Railways," the Russian Gazeta.Ru wed edition quoted Russian Railways CEO Vladimir Yakunin as saying in …
“Russia and Azerbaijan should unite in the face of common global threats”
assures Alexander Gusev
Commuter trains could cost Stavropol Territory over 100 million rubles
Deputies of Stavropol Territory haven't been able to come to agreement with JSC Russian Railways on restoring the movement of cancelled electric trains.The representatives of the company responsible for providing these services again gave their explanations regarding demandsome for more than 100 million rubles
Yakunin says plan for transport of goods in the CIS is 95% implemented
In Baku on a past the day before the 61st meeting of Council for railway transport of the State Parties of the CIS Chairman of the Board and Chairman of the Russian Railways Vladimir Yakunin told that in 9 months 2014 the CIS countries …
Ingushetia to open railway station in Ordzhonikidzevskaya
A railway station will have opened in Ordzhonikidzevskaya (Ingushetia) by the New Year. The project will be financed by the local budget. The construction was initiated after a meeting between Yunus-Bek Yevkurov, the leader of Ingushetia, and Mikhail Akulov, vice president of Russian Railways and the director general of the Federal Passenger Company, Yuga.ru reports.
CIS railway authorities to gather in Baku
Vladimir Yakunin, the head of Russian Railways, will chair the 61st session of the Council for Railway Transportation of CIS Member-States hosted by Baku on October 21-22. It will be attended by railway authorities of Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Turkmenistan, Uzbekistan, Ukraine, Georgia, Latvia, Bulgaria, Finland, representatives of Lithuania, Estonia, Iran and the CIS Executive Committee, Russian Railway reports.
Magomed Aliyev: “Increasing youth mobility leads to the unity of the nation”
Interview by Vestnik Kavkaza
Balkans hope for South Stream
the Serbian Ambassador to Russia, Slavenko Terzic, says
Russia to build Iran's first railway-manufacturing factory
The Moscow-controlled All-Russian Research and Project-Construction Institute of Metallurgy Mechanical Engineering has offered to build a factory for Iran worth $400-500 million to manufacture up to 600,000 tons of railway parts a year, ITAR-TASS reports. The Isfahan Metallurgy Works may become the first railway manufacturer in the Middle East in August 2015. Iran needs about 150,000 tons of railway parts a year. Russian Railways signed a memorandum with Iranian Railways in late August 2014 to speed up realization of railway projects.
How Karabakh devastates Russia
Russia may make billions from settling the Karabakh conflict
