OREANDA-NEWS. December 20, 2012. According to preliminary data, operating income at Russian Railways in 2012 rose to 1.363 trillion roubles, an increase of 5.8% compared to 2011, according to Company President Vladimir Yakunin, who was addressing a press conference in Moscow on 17 December 2012.

Yakunin said that revenue growth exceeded expenses, which amounted to 1.299 trillion roubles). Net profit under Russian Accounting Standards is expected to be around 5.3 billion roubles.

The Company President said that trends in the global and Russian economies point to a slowdown in the increase of loading volumes of up to 2.5% in 2013. However, the Company would continue to reduce expenses, and revenues would increase faster than costs.