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Russian PM appoints new Russian Railways CEO

August 20, 2015, 16:37 UTC+3

First Deputy Minister of Transport Oleg Belozerov was appointed new Chief Executive Officer of Russian Railways

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Oleg Belozerov

Oleg Belozerov

© ITAR-TASS/Maxim Shemetov

GORKI, August 20. /TASS/. Russian Prime Minister Dmitry Medvedev appointed First Deputy Minister of Transport Oleg Belozerov to the office of the Chief Executive Officer of Russian Railways.

"I made a decision to appoint you the Chief Executive of Russian Railways and relieve of the position of the First Deputy Minister of Transport," the prime minister said at the meeting with Belozerov. Medvedev noted Belozerov’s experience of working in the transport sphere. 0vnk

"[Vladimir] Yakunin as the chief executive of Russian Railways did a lot for development of this largest infrastructural monopoly," Medvedev said. "Despite a challenging situation in the economy, Russian Railways are developing nevertheless," the prime minister said.

Belozerov was chosen particularly because the first deputy minister of transport was recently dealing with such issues as development of motorways and railways. "You know this sphere fairly well. You are aware of all the difficulties, the situation with the budget and with investments. This is a highly important economic project coordinated directly with the state for obvious reasons," Medvedev said.

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