Annual report 2013
- Company
overview - Performance
overview - Development
strategy - Investment
activity
results - Financial
and Economic
Performance- Key Financial Results
- Revenues from transportation
- Expenses in transportation
- Cost minimisation
- Procurement activities
- Other types of activity
- Other revenues and expenses
- Profitability
- Working capital management
- Cooperation with Public Authorities
- State support
- Taxes and contributions
- Charter capital and dividends
- Investors
and analysts - Risk
Management - Corporate
Management - Social
Section - Appendices
Achieving global recognition
The debut placement of RZD’s Eurobond denominated in Swiss francs, executed by the Company in 2013, was recognised as the “Most successful offering in Swiss francs in 2013” by the financial magazines EuroWeek and EMEA Finance.
Following the respective government decisions, in the middle of 2013 Russian Railways successfully placed the first 30-year tranche of infrastructure bonds with CPI-linked coupon with the pension resources of the Pension Fund of the Russian Federation (managed by Vnesheconombank) being invested.
RUB 150 bn
is the total amount of the infrastructure bonds placements in 2013.
Teamwork Helps to Accomplish National Objectives
Russian Railways is a company of strategic importance and is wholly owned by the Russian Federation. The corporate strategy of Russian Railways is based on national objectives.
Following the best corporate practices, the company is undertaking structural reforms focused on building a corporate governance system for Russian Railways Group as a whole.
The will to win
As a great domestic employer the main key priority of Russian Railways is to implement a policy of social responsibility to employees, society and the Russian Federation
Russian Railways follows international principles of social responsibility and implements 10 corporate social responsibility principles of the UN Global Compact, which the company joined in December 2007.
Unique designs of Olympic Sochi, implemented JSC "Russian Railways"
The key objective of Russian Railways in preparing for the XXII Olympic Winter Games and XI Paralympic Winter Games 2015 in Sochi was to create a new, advanced transport infrastructure in the region of the competition.
Projects developed and implemented by the Company in the Sochi Olympics are unique not only in Russian, but also globally
157 km
The total length of the railway built by Russian Railways in the region holding the Games
Setting the Stage for Great Achievements
85.4%
share of Russian Railways in the total volume of freight flow handled by the domestic transportation system (net of pipeline transport).
28.6%
share of Russian Railways in the total passenger turnover carried by public transport, including air and road service.
Since it was established, Russian Railways has ensured significant broadening of its presence in international markets.
We arrive on time for you to be first
1050 km/day
Mean speed of the accelerated container train (under the new project “Trans-Siberian Railway Railway” in 7 days”).
3 h 30 min
Moscow-Kazan
In 2013, Russian Railways started preparation for implementing its highest-priority project: construction of the Moscow- Kazan high-speed
rail line 10,000 km of track Russian Railways has been upgraded through rehabilitation and repair, which allowed increased speed for passenger trains for a distance of 2,740 km and for freight trains, for a distance
of 2,270 km.
In 2013, Russian Railways started preparation for implementing its highest-priority project: construction of the Moscow- Kazan high-speed
rail line 10,000 km of track Russian Railways has been upgraded through rehabilitation and repair, which allowed increased speed for passenger trains for a distance of 2,740 km and for freight trains, for a distance
of 2,270 km.
We Create Movement
In 2013, the primary objective of the Russian Railways Investment Programme was to finalise the projects aimed at supporting the Sochi Olympic and Paralympic Games and the Kazan Universiade, which were finished as scheduled or ahead of schedule.
RUB 562 bn
total forecast cost of one of the largest-scale projects in recent years – upgrading the Baikal-Amur Trans-Siberian Mainlines.
Achievement of targets
Russian Railways successfully overcame the adverse effects of the economic crisis in its financial performance.
The government adopted an important decision to invest in 2014-2016 a total of RUB 150 billion owned by the National Wealth Fund in the preferred shares issued by Russian Railways in order to finance the Eastern Region development projects.