Russian Railways Earned 484 Billion Rubles by Foreign Activities in 2020

Russian Railways Earned 484 Billion Rubles by Foreign Activities in 2020
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MOSCOW, Feb. 19, 2021 /PRNewswire/ -- Russian Railways revenues from foreign activities in 2020 amounted to 484 billion rubles as was announced by First Deputy General Director of Russian Railways Sergey Pavlov at the company's annual board meeting. He agreed that such a result was ensured by successful work in all three areas of foreign business: transit, international logistics and foreign projects.
Pavlov also reminded that the company is taking part in the International Cooperation and Export project and fulfilling all of its obligations.
"The volume of export services in general for railway transportation in 2020 is estimated at $1.3 billion. We predict it will reach one and a half billion US dollars in the next four years, which corresponds to the target annual growth rate in the strategy of export of services," he noted.

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