International engineering and transport construction
In 2016, Russian Railways continued implementing initiatives that aim to strengthen the Company’s competitiveness on the international market. The Company fully met its contractual obligations as part of projects to develop railway infrastructure abroad and undertook measures to develop new and promising markets. Joint logistics projects being implemented in a partnership with foreign companies, above all from the countries of the Asia-Pacific Region, Eurasian Economic Union and the CIS, were further developed. The Company’s activities as part of international organisations helped to strengthen its positions in this segment of the railway business.
The competitiveness of railway transportation is largely determined by the success of its operations on global markets. Russian Railways continues to steadily increase its standing in this area. The Company successfully implemented projects in Serbia, and signed cooperation agreements with the railways of China and Azerbaijan.
Work is under way to enter the markets of India, Brazil and Indonesia. This all suggests that we have solid international potential and strong foundations for its further development.