ARAF to check information from new ARD film on doping in Russian sportSport January 22, 22:47
All countries observe oil output cuts agreement — Russian energy ministerBusiness & Economy January 22, 16:59
Rogozin calls "dangerous incident" UK botched missile launchRussian Politics & Diplomacy January 22, 16:32
Medvedev calls United Russia ruling party, president's main resourceRussian Politics & Diplomacy January 22, 16:27
Mutko calls silly information Infantino asks him not to run for RFU headSport January 22, 16:24
Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
MOSCOW, December 21 (Itar-Tass) —— Russian Railway’s subsidiaries showed positive performance in 2012, with their revenues expected to reach 800 billion roubles and net profit 32 billion roubles.
Dividends totalling 9.1 billion roubles are projected. Total revenues from the sale of subsidiaries for the year should exceed 70 billion roubles, Valery Reshetnikov, Senior Vice President of Russian Railways, said.
According to Reshetnikov, one of the most important decisions made in 2012 was to expand the holding’s business into transport and logistics services, which should result in a significant growth in Company revenues.
“We have made significant steps in this direction. We are now completing the transaction to acquire the French logistics operator GEFCO. We have initiated the creation of an integrated transport and logistics company in the Common Economic Space and decided to establish a transportation and logistics services segment in the holding’s business structure,” Reshetnikov said.