Cooperation agreement was signed on June 1, 2017 in Russia. Web-site.
The Company was established by privatising the property of Russia’s federal railway transport, which was carried out in accordance with the legislation of the Russian Federation in 2003. In the process of privatisation, a single business entity was created by transferring property from the federal rail transport organisations and converting it into the statutory capital of OJSC Russian Railways. The Company’s sole shareholder is the Russian Federation. The Government of the Russian Federation exercises shareholder powers on behalf of the Russian Federation. Russian Railways is one of the largest companies in Russia and one of the largest transport companies in the world.
Russian Railways provides a full range of services in areas such as freight transportation, locomotive traction and infrastructure, the repair of rolling stock, long-distance and commuter passenger transport, container shipping, logistics, engineering services and Research and Development, as well as other activities such as the implementation of large-scale projects for the construction of railways and the development of infrastructure abroad.
The Mission of Russian Railways is to carry out the effective development of a competitive transport business on the Russian and global markets. The core Mission is to fulfill effectively the national rail carrier’s tasks of freight and passenger transportation and own the public rail infrastructure.