Monday, January 01, 2007

Russian Railways

Russian Railways (RR) is a state-owned monopoly that accounts for 3.6 percent of Russia's GDP. It had $22.6 billion in sales in 2004 and operates 85,500 kilometers (53,000 miles) of track. RR has the longest stretch of electrified track in the world - 42,300 kilometers (26,000 miles).

Facts about RR: 1) 624,000 freight wagons and 19,600 freight locotives, 2) employs 1.3 million people, 3) owns nearly 1,000 enterprises and 165 subsidiaries, 4) handles 83 percent of all freight (excluding oil that travels by pipeline), 5) carries 1.3 billion passengers a year and accounts for 41 percent of Russia's passenger transport6) passenger services operate at a loss whereas freight is profitable. (Trendline Russia)

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