The Ministry of transport: the Russian Railways investment programme to 2016 was approved in the amount of about 432 billion rubles.


MOSCOW, November 26. The RZHD’s investment program for 2016 is approved in the amount of about 432 billion rubles, told journalists the Minister of transport of RF Maxim Sokolov at the meeting of the government.

“We see that financial plan, despite the difficult economic situation is balanced, we come out even with the earnings next year. This profit of 10 billion rubles are planned higher this year. In addition, the volume of the investment program also reduced and is about 432 billion rubles,” he said.

The head of the transport Ministry also reported that the rate of property tax for RZD will be in 2016 and retained at the current level.

“They also discussed additional measures of support of Russian Railways, including the possibility of preserving the existing size of the property tax (1% – approx.ed.), that will balance the financial plan. And such decisions were taken,” he said.

In addition, the Minister stated that the interest of RZD to participate in the privatization of Greek assets is maintained.

“Interest remains, but all will depend on circumstances that will offer the Greek party. Of course, the cat in the bag we buy will not” – said the Minister.