Thursday, May 28, 2020
Sheremetyevo International Airport handled more than 73 thousand tons of cargo and 11.5 thousand tons of mail in the first quarter of 2020, an increase of by 9.3% for goods and 6% for mail over the same period in 2019. The combined average growth for mail and cargo was...
Russia plans to more actively introduce Intelligent Transportation System (ITS) solutions in the national system of road traffic, including technologies which are based on renewables, a spokesman of the country’s transport minister Evgeny Ditrich has said, according to Vedomosti. As part of these plans, a project for the installation of...
Moldovan President Igor Dodon said on his Facebook page on Friday that his country has signed an agreement to receive a loan of 200 million euros ($217.5 million) from Russia, Gazeta.ru reported. "Moldovan Ambassador to Russia Andrei Neguta signed a loan agreement with top officials of the Russian Finance Ministry....
Aviation in Russia’s Arctic will be boosted by investment projects for natural resources development, but the projects would need the state’s participation in logistics and infrastructure, experts told TASS. According to analysts, the funding of local airlines is crucial to enhancing the accessibility of the Russian Arctic’s most hard-to-reach settlements. In...
Russia’s largest employer, state-run monopoly Russian Railways, is looking at moving staff to part-time schedules as the coronavirus outbreak reduces rail traffic, RBC reported citing sources. A letter sent by Russian Railways CEO Oleg Belozerov to members of the board outlined a way the company could limit job losses for...
The fifth largest steel pipe producer in the world in terms of volume, Russia’s ChelPipe, is growing steadily and is considering an initial public offering (IPO), the company’s chief financial officer (CFO) Valery Borisov told bneIntelliNews in an interview. “Our market share in Russia was 49% in 2019 in seamless...
Finnish railway operator VR said on Tuesday that passenger train services between Finland and Russia will be temporarily halted amid the coronavirus upon the two countries’ decision on limiting travel through the border, RIA Novosti reports.  "According to Russia’s decision, foreigners won’t be able to get there after 23:00 Finnish...
The Russian government is moving forward with an ambitious plan to build its first rail line into Tuva, a Siberian republic which borders Mongolia in the south and is separated from the rest of Russia by high mountains, Rail Freight reports. The construction of the Elegest-Kyzyl-Kuragino railway line is about...
Russian steel pipe producer Chelpipe is focusing on increasing exports and investing in high-value added projects amid a competitive domestic market, its chief executive officer said in an interview with Reuters. The company, controlled by businessman Andrei Komarov, has hired banks to organize a potential share offering n Moscow this year,...
The volume of rail freight transportation between Russia and Azerbaijan amounted to 6,240 tons in 2019, while in 2018 and 2017 this indicator was 4,744 tons and 4,774 tons, respectively, the chairman of Azerbaijan Railways has said, according to AzerNews. According to Javid Gurbanov, this type of transportation increased by 31.5 percent...