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.
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