Russian Railways (RZD) intends to spend 1.051bnn rubles to cover the dividends fr 2006, the company informed according to RZD-Partner.
In 2005 975.2mln rub. (10% of net profit) were spent for this purpose. Thus, the dividends rose 7.8% in 2006. BDO Yunikon was affirmed as an auditor.
Russian Railway OJSC was formed on October 1, 2003 on the basis of the Transport Ministry. 100% of the company owing 85.5 thou kilometers of railroad belong to the state. In 2006 RZD RAS net profit increased 2.7 times to RUR 26/4 billion against RUR 9.7 billion in 2005.