OREANDA-NEWS. On 1 February 2008  was announced, that in 2008 RZHD is going to invest 4.9bn rub. in the resources saving program.

The program stipulats the introduction of the advanced perspective technical means and technologies aimed to raise the technical level of the rolling stock and railway entities.

The main trends involve the saving of energy, labour and material resources.

RZHD was set up on the basis of the communications ministry in 2003. 100% are held by the state (85.5ths km of railways length in total). The 2007-net profit (RAS) increased 3.1 fold to 84bln rub. from 26.3bn rub. prior year; revenues rose 16.9% to 728.4bn rub. from 623.3bn rub.; gross profit - 29.6% to 77.9bn rub. from 60.2bn rub.; pretax profit - 24.9% to 72.8bn rub from 58.3bn rub.