Yuri Saakyan, director general of Russia’s Institute for Natural Monopolies Research (IPEM), explains the impact of the coronavirus pandemic on the performance of Russian Railways in 2020 and the outlook for 2021.
Freight and passenger markets cool in Covid-19 climate
Yuri Saakyan, director general of Russia’s Institute for Natural Monopolies Research (IPEM), explains the impact of the coronavirus pandemic on the performance of Russian Railways in 2020 and the outlook for 2021.
Revenue for RZD’s long distance passenger subsidiary fell by 6.2% in 2020, mirroring a trend seen in the railway’s freight subsidiaries. Photo: Shutterstock/Anna Krylova_Listel