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Russia’s railway is $51 billion in debt – and there is no light at the end of the tunnel
The state-owned monopoly is planning on cutting spending by 20% in 2026 alone.
Freight volumes plunge 9.4% as Russian Railways’ debt nears $45B. Sanctions, war, and industrial decline push the economy ...
Russia’s economy is slowing sharply, with the highest interest rates in two decades driving up debt levels as the world’s ...
It oversees one of the world's biggest railroad networks, employing around 700,000 people and operating 85,000 kilometers of track that stitches together 11 time zones, carrying millions of passengers ...
MOSCOW (Reuters) -Russia's government is discussing different ways to prop up Russian Railways, the country's biggest commercial employer, which has built up a 4 trillion rouble ($50.8 billion) debt ...
Armenia is on course regain access to the Russian Railways network via Azerbaijan, as political tensions ease in the South Caucasus region.
MOSCOW, November 21. /TASS/. Coal loading on the Russian Railways network may edge down by 1.7% to 326 mln metric tons this year, Deputy CEO Irina Magnushevskaya said. "We expect loading at the level ...
The railway station in Fastiv, which was damaged by a Russian strike, will be completely demolished and replaced with a new building. Source: Fastiv Mayor Mykhailo Netiazhuк Quote: "A decision has ...
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