Russian Railways
Russian Railways is a Russian state-owned railway company established on 18 September 2003. The company operates the country's rail network, which is one of the largest in the world. Russian Railways remains a significant player in the Russian and global transportation sectors, with a focus on sustainable growth and development despite some challenges in recent years, particularly due to fluctuations in global commodity prices and geopolitical tensions.
Russian Railways provides various services to its customers, including passenger and freight transportation, logistics, infrastructure management, and maintenance. The company has an extensive network of railways, covering more than 85,000 kilometers across Russia and connecting the country with other neighboring countries such as China and Europe. Russian Railways transport 42% of total cargo traffic and around 33% of passenger travel in Russia (number as of 2014).
As of April 2022, Russian Railways has a market cap of $46.99 B. According to Russian Railways's latest financial reports, the company's current revenue (TTM) is $38.6 Billion in 2017. This makes Russian Railways one of the biggest companies in Russia. However, in response to Russian military moves in Ukraine, US President Joe Biden ordered economic sanctions against many Russian companies, including Russian Railways, which might cause troubles for the business of the company.
Founded: 2003
Headquarters: Moscow, Russia
Website: https://www.russianrailways.com/