Vladimir Yakunin, President of Russian Railways (RZD) presented the company’s preliminary results for 2014 to the Board of Directors. In 2014, RZD invested a total of RUB 335 billion in fixed assets, modernised 3,950 km of railway track, 228 km of the catenary system, 144 km of the automatic blocking system, 711 km of
The fleet of Russian RAIL1520 rolling stock leasing company, part of United Wagon Company (UVC) has exceeded 20,000 freight cars. Established in 2011, RAIL1520 has become one of the largest rolling stock leasing companies in the 1520 gauge area. About 60% of RAIL1520 rolling stock fleet is formed of units with
Moscow Metro awards Metrovagonmash EUR 2.2 bn tender
Moscow Metro awarded Metrovagonmash a RUB 133 billion (EUR 2.2 bn) tender for the supply of 768 metro cars and for servicing them over a 30-year period. The cars will enter service on Tagansko-Krasnpresnenskaya line (“Purple Line”), Moscow’s busiest subway line. The first units should be delivered in early 2017 and the last in 2019. Metrovagonmash, part of Transmashholding, was the
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Russian Railways (RZD) investment plan for 2015 exceeds RUB 400 bn (EUR 6.75 bn), announced Prime Minister Dmitry Medvedev, with half of the amount representing state subsidies. In October, RZD’s Board of Directors has already pre-approved a RUB 389.8 billion investment plan for 2015. “The money will be invested in modernizing of the railway network, increasing its capacity
Committee on Transport Infrastructure Development of the Government of St. Petersburg a announced RUB 21.3 billion (EUR 378 million) tender for the construction of Spasskaya - Bolshoy Prospekt subway line section, part of Lahti-Pravoberezhnaya line. The deadline for submitting bids is the 12th of December 2014. The construction works for the two metro stations (Theater and Bolshoy Prospekt), underground tunnels, technical &
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