OJSC "Russian railways" (RZHD) and OJSC "Bank of Moscow" signed the cooperation agreement, defining the general principles of interaction of the parties. As they say in the joint report of the companies, the agreement has been signed on June, 7 during the XII Petersburg economic forum.
The agreement is concluded with the purpose of establishment and development of long-term cooperation of the parties, realization of joint investment projects, organization of financing of projects of RZHD due to the means of the international financial organizations, granting of guarantees for RZHD, organization of financing of RZHD, rendering of financial consulting services by the bank, concerning realization of joint projects.
OJSC "Russian railways" is created on October, 1st, 2003 on the basis of the Ministry of Railways. 100% of shares of the company owning the railway network in the extent of 85.5 ths km, belonging to the state.
According to the IRS "DataCapital", the net profit of RZHD under RFAS in 2007 increased in 3.1 times up to 84mln rbl. from 26.3bln rbl. in 2006. The proceeds in January-September, 2007 increased up 16.9% to 728.4bln rbl. from 623.3bln rbl., the total profit - up 29.6% to 77.9bln rbl. from 60.2bln rbl., the profit up to the taxation - up 24.9% to 72.8bln rbl. from 58.3bln rbl.
"Russian railways" borrow the 3 place in the "Leading enterprises of Russia" rating on the results of 2006, presented by the rating agency AK&M in October, 2007.
OJSC "Bank of Moscow", based in 1995, enters in the thirty largest Russian banks. For October, 1st, 2007 in regions of Russia 211 divisions of the bank, affiliated banks in the Baltic, in Belarus, in Ukraine and representation in Frankfurt am Main (Germany) worked. The authorized capital of the bank makes 13bln rbl.
According to the bank, its largest shareholder is the Moscow government - 43.99%, and also OJSC "Moscow insurance company" - 15.37% of which belongs to Moscow controllable by the government and the group of the Bank of Moscow company "Capital Insurance group". The president of the Bank of Moscow Andrey Borodin and the vice-president of the Board of directors Lev Alaluev became the owners of 8.7% of the authorized capital of the bank in proportion 80/20 accordingly. At the moment the bank lets out 130000932 shares by face value of 100 rbl.
The net profit of the Bank of Moscow under RAS for 2007 grew up 60% to 9.2bln rbl. The net profit of the Bank of Moscow for February, 1st made 2bln rbl.
The agreement is concluded with the purpose of establishment and development of long-term cooperation of the parties, realization of joint investment projects, organization of financing of projects of RZHD due to the means of the international financial organizations, granting of guarantees for RZHD, organization of financing of RZHD, rendering of financial consulting services by the bank, concerning realization of joint projects.
OJSC "Russian railways" is created on October, 1st, 2003 on the basis of the Ministry of Railways. 100% of shares of the company owning the railway network in the extent of 85.5 ths km, belonging to the state.
According to the IRS "DataCapital", the net profit of RZHD under RFAS in 2007 increased in 3.1 times up to 84mln rbl. from 26.3bln rbl. in 2006. The proceeds in January-September, 2007 increased up 16.9% to 728.4bln rbl. from 623.3bln rbl., the total profit - up 29.6% to 77.9bln rbl. from 60.2bln rbl., the profit up to the taxation - up 24.9% to 72.8bln rbl. from 58.3bln rbl.
"Russian railways" borrow the 3 place in the "Leading enterprises of Russia" rating on the results of 2006, presented by the rating agency AK&M in October, 2007.
OJSC "Bank of Moscow", based in 1995, enters in the thirty largest Russian banks. For October, 1st, 2007 in regions of Russia 211 divisions of the bank, affiliated banks in the Baltic, in Belarus, in Ukraine and representation in Frankfurt am Main (Germany) worked. The authorized capital of the bank makes 13bln rbl.
According to the bank, its largest shareholder is the Moscow government - 43.99%, and also OJSC "Moscow insurance company" - 15.37% of which belongs to Moscow controllable by the government and the group of the Bank of Moscow company "Capital Insurance group". The president of the Bank of Moscow Andrey Borodin and the vice-president of the Board of directors Lev Alaluev became the owners of 8.7% of the authorized capital of the bank in proportion 80/20 accordingly. At the moment the bank lets out 130000932 shares by face value of 100 rbl.
The net profit of the Bank of Moscow under RAS for 2007 grew up 60% to 9.2bln rbl. The net profit of the Bank of Moscow for February, 1st made 2bln rbl.