The head of Russian Railways allowed privatization “in some format” in the future – Kommersant
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General Director of Russian Railways Oleg Belozerov believes that the privatization of the company is “not a matter of today.” However, he did not rule out privatization in the future.
100% of the shares of JSC Russian Railways belong to the state. The company is on the verge of privatization. On October 1, 2023, Russian Railways celebrates 20 years since its formation.
“Having analyzed our activities since our inception, we can conclude that we are moving at a good pace and in the right design. Privatization in some format can be considered in the future,” said Mr. Belozerov “RIA News”.
Over the 20 years of its existence, Russian Railways’ investments amounted to 9.3 trillion rubles. About 21 thousand new passenger cars, about 9.5 thousand locomotives were purchased, passenger traffic during this period exceeded 23 billion people. According to Mr. Belozerov, Russian Railways “regularly breaks records from the times of the Soviet Union” – in terms of freight turnover, speed and others. Russian railways today are the busiest in the world, ranking second in terms of freight turnover and third in terms of length.
About the investment program of Russian Railways for 2024 – in the material “Kommersant” “The railroad will take the tithe”.
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