10-pct growth of Russian Railways’ rates is included into forecast of RF Economic Development Ministry

The rates for rail transportation of cargoes and passengers will grow by 10% from January 1, 2015, says the Ministry of Economic Development of the Russian Federation. 

«In 2014, the rates for rail transportation of cargoes and passengers in the controllable sector were set at the level of 2013. In 2015-2017, the rates will be increased by 10%, 5.5% and 4.5% respectively,” the document says.

In 2014-2015, total cost of cargo transportation can prove to be lower due to possible reduction of volumes.