RZD to reduce manufacturing costs
According to Vladimir Yakunin, President of the company Russian Railways (RZD), the company is planning to reduce manufacturing costs due to refusal from implementation of the non-priority projects, optimization of production process, dismissals, and reduction of non-core spendings.
The company has appealed to the government of Russia with the offer to reduce costs by RUR 80bn (US$ 3.41bn EUR 2.19bn), Logistic Finland reports according to RZD-Partner.