The costs of Russian transportation up 4%
5. The additional indexation of tariffs by 4% for cargo transportation by the Russian Railways was introduced by the Federal tariff service on July, 15 2004. The increase of transportation tariffs will allow to reach the profits limit approved by the board of directors of the Russian Railways and will improve the development of the russian railway network in the future.
Aug 01, 2005. /Lesprom Network/. The additional indexation of tariffs by 4% for cargo transportation by the Russian Railways was introduced by the Federal tariff service on July, 15 2004. The increase of transportation tariffs will allow to reach the profits limit approved by the board of directors of the Russian Railways and will improve the development of the russian railway network in the future.
According to Russian Railways management, the additional indexation meets the interests of the Russian economy and guarantees the steady development of the state-owned Russian Railways. The decision to carry out additional indexation will attract additional RUR 9 billion profits. According to RR president Vladimir Yakunin, the company should take systhematic measures in order to increase earninigs and reduce expenses.