Source Pravda.Ru

Putin welcomes “good dynamics” at Russian Railways

MOSCOW. President Vladimir Putin welcomed the “good dynamics” in the development of Russian Railways as he met with its head, Vladimir Yakunin, on Saturday.

Yakunin told the president the company had “overcome complex trends and reached parameters that will allow us to exceed the planned revenue targets”.

In his words, “The basis for financial performance is effective operations… For the first time in 12 years, 3.790 million tonnes of cargoes are loaded daily.”

He noted, “The results were reached without any major increase in the rolling stock and mainly by enhancing efficiency and using new technologies.”

Russian Railways also placed bonds in an IPO abroad at 4.825 percent a year. “This is the best placement (of securities) among Russian companies,” Yakunin said.

He believes that “investment companies have faith” in Russian Railways.

Putin agreed that the company is showing “good dynamics”, ITAR-TASS reported.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA
Comments
Russia to install laser navigation system on the Moon
Russia to install laser navigation system on the Moon
Putin to Sobchak: We will never let them turn Russia into another Ukraine
USA to ruin Russian-Japanese relationship with the help of Aegis Ashore system
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Russia not pulling out from any international agreements, Putin says
Donbass without militia will be worse than Srebrenica - Putin
Donbass without militia will be worse than Srebrenica - Putin
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin in Egypt: Who's the big player in the Middle East?
Kim Jong-un's tactic of hard power teaches USA lesson of obedience
Russia leaves Syria, but USA stays, to spend some more
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
US military men depressed over of Russia's new T-5000 sniper rifle