Overview

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 JSC 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.

Key Highlights:

• A natural monopoly that owns the world's third-longest railway network (85,500 km as of 31 December 2024) and related infrastructure in Russia.
• The Russian Railways’ Holding is Russia’s market leader in passenger and freight transportation. In addition, it ranks first in the world in the energy efficiency of freight transportation.
• Russian Railways, together with its subsidiaries, is one of the largest operators of freight rolling stock in the world, with more than 150,000 wagons.
• One of Russia’s largest companies by asset volume: as of 31 December 2024, the asset value was estimated at 10.4 trillion roubles according to the Company's financial statements under Russian Accounting Standards (RAS).
• In 2024, revenues from all types of activities amounted to 2,834.4 billion roubles.
• The Russian Railways’ Holding is the largest employer in Russia: the Company and its subsidiaries employ more than 800,000 people as of the end of 2024.
• OJSC Russian Railways is guided by the principles of social responsibility: a Collective Agreement of OJSC Russian Railways is in force at the Company. All the obligations under the Collective Agreement at OJSC Russian Railways covering 2023-2025 have been fully fulfilled for 2024.

The Russian Context

• Because of the country’s huge territory and vast natural resources, a highly developed railway system is vital to Russia – rail is the key transportation mode in Russia with about 84% of the total volume (excluding the pipeline).
• Many of Russia’s natural resources are in remote, harsh and sparsely populated regions of Siberia and the Russian Far East that have underdeveloped road infrastructure and are far removed from the main population centres in European Russia. At the same time, in addition to air travel, rail provides transportation between Russia’s regions and the delivery of natural resources.
• The railway infrastructure of OJSC Russian Railways connects 77 constituent entities in the Russian Federation and provide services to most major cities, having a direct impact on growth, industrial development and regional integration.

2021

2020