The government increased the authorized capital of Russian Railways by 21.9 billion rubles.

The government increased the authorized capital of Russian Railways by 21.9 billion rubles.

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Prime Minister Mikhail Mishustin ordered to increase the capital of the open joint-stock company Russian Railways (RZD). According to documentthe authorized capital will be increased by RUB 21.88 billion

Including:

  • On the RUB 18.3 billion by placing 18.3 million additional B-type preferred shares with a par value of 1,000 rubles. per share to be used to develop the infrastructure of the Central Transport Hub.
  • On the RUB 3.58 billion by placing 3.6 million additional ordinary shares worth RUB 1,000. Of them RUB 2.05 billion — for the reconstruction of the Lianozovo station of the Moscow Central Diameters (MTsD-1); RUB 1.5 billion — for transport services of MCD-4; RUB 0.03 billion – to the pedestrian crossing through the railway line to Vnukovo Airport.

Russian Railways was founded in 2003 on the basis of the Russian Ministry of Railways. 100% of the shares belong to the Russian Federation. According to SPARK-Interfax, as of April 18, 2022, the authorized capital of the OJSC was 2.7 trillion rubles.

Maria Fedotova

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