The Executive Board of Russian Railways has suggested that the company invest RUR24bn (approx. USD934.58m) its development using its net profit and operating profit which is expected to surpass the planned figure in 2007. According to Russian Railways' press office the final decision is up to the Board of Directors, RBC reports.
In H1 2007, Russian Railways' RAS-based net profit reached nearly RUR25.32bn (approx. USD985.98m), while revenue rose to RUR469.12bn (approx. USD19.32bn).