Trump potentially ready to meet with Putin at APEC summitWorld October 23, 20:44
Mancini unlikely to drop Russia’s Zenit for West Ham — Italian ex-striker VialliSport October 23, 20:05
Volkswagen and Daimler inspected in European Commission’s antimonopoly probesBusiness & Economy October 23, 19:40
Baltic Fleet corvettes on long-distance voyage pass through English ChannelMilitary & Defense October 23, 18:56
South Korean chain to open 33 movie theaters in MoscowBusiness & Economy October 23, 18:41
Russian MP blasts Riga’s educational language reform ploy as ‘linguistic genocide’World October 23, 18:28
Collector robbed of masterpieces by top Russian artists worth over half a million dollarsSociety & Culture October 23, 18:04
Russian expert calls Trump's decicion to quit UNESCO irresponsibleWorld October 23, 18:03
Russian anti-doping agency’s chief says all WADA’s reinstatement criteria metSport October 23, 17:50
“Railway cargo transportation is geopolitical business,” he said. “The results largely depend on international political relations. Sanctions have an adverse effect on this business.”
According to Asmann, this year has seen a trend for decline in transportation volumes, mainly in petroleum products. The chief executive predicted an up to 25% fall equivalent to 6 million tonnes — €15 million a year in monetary terms.
“Until now, the company’s operations and investments had been financed from transit income. If the flow ceases, we’ll have to look for alternative sources”, Asmann said. Passenger transportation is the most likely replacement: “Passengers will have to pay a fair price for use of infrastructure.