Russian Railways OJSC (RZD) predict 9% slump of financial figures in 2009 against 2008. Rail freight reduction will amount to 15-15.5%, Vladimir Yakunin, President of RZD, informed Vladimir Putin, Chairman of the RF Government, at a working meeting, stated press-service of the Government.
‘As of the budget , a figure of 19% was allowed for 19%. Railways administration decided the reduction would sooner amount to 15-15.5% . It is a decrease, but not the one that took place Q I, 2009. We are more optimistic about the situation to the date and proceed from the assumption of 9%-reduction,’ highlighted Yakunin.
It is necessary to remind RZD income decreased by 47% (to RUR76.42 bln) in 2008 against 2007.
‘As of the budget , a figure of 19% was allowed for 19%. Railways administration decided the reduction would sooner amount to 15-15.5% . It is a decrease, but not the one that took place Q I, 2009. We are more optimistic about the situation to the date and proceed from the assumption of 9%-reduction,’ highlighted Yakunin.
It is necessary to remind RZD income decreased by 47% (to RUR76.42 bln) in 2008 against 2007.