RU

Company History

2015

Key Milestones

Key Milestones:

Award at the national loyalty marketing competition Loyalty Awards Russia 2015 in the Best Loyalty Programme by a Transportation Company category.

Double-decker train from Moscow to Voronezh entered in the Russian Book of Records as the “year-round regular long-distance train with the largest number of passenger seats” — 1,320 seats.

FPC Annual Report awarded for the second time in the Best Presentation of a Business Model for Non-Public Companies category at the Annual Report Competition by the Moscow Exchange.

State and Restructuring

The Russian Government resolved to reduce the VAT rate applicable to long-distance passenger rail services from 18% to 10% between 1 January 2016 and 31 December 2017.

Business Development

Strizh high-speed train made up of Talgo carriages launched on the Moscow — Nizhny Novgorod route.

Double-decker train made up of carriages with open-plan seating launched between Moscow and Voronezh.

Sales of e-tickets for multimodal routes launched.

Cost Optimisation Programme implemented, bringing RUB 15.5 billion of savings. Total effect in 2010–2015 reached RUB 54.5 billion.

2014

Key Milestones

Key Milestones

Credit rating assigned to FPC by the leading rating agencies.

FPC Annual Report awarded in the Best Presentation of a Business Model for Non-Public Companies category at the Annual Report Competition by the Moscow Exchange.

State and Restructuring

Fares for travel in third-class and common carriages reduced following the resolution of the Federal Tariff Service of the Russian Federation.

In accordance with the Russian Government Resolutions No. 1223 dated 19 November 2014 and No. 1044 dated 11 October 2014, FPC is entitled to receive subsidies covering part of the expenses on interest payment under loans granted to purchase rolling stock (double-decker carriages), and to benefit from the programme aimed to support investment projects implemented in Russia under project financing arrangements.

Business Development

Pilot project on multimodal transportation implemented on the Moscow — Valuyki route.

FPC fully adopted the technology for transporting baggage in a dedicated compartment.

Lastochka electric trains launched on the following routes: Saint Petersburg — Petrozavodsk, Moscow — Kursk, Moscow — Nizhny Novgorod, Moscow — Smolensk, Moscow — Orel, Adler — Krasnodar, Krasnodar — Rostov.

Cost Optimisation Programme implemented, bringing RUB 15 billion of savings.

2013

Key Milestones

Key Milestones:

FPC assigned the status of observer at the OSJD, which entitles it to represent the Company at the meetings of the OSJD working bodies, thus strengthening the Company’s position in the international transport services market.

The Plan to Develop and Implement a Mechanism for Long-Term Subsidising of Long-Distance Rail Passenger Transportation approved by instruction of Russian Deputy Prime Minister Arkady Dvorkovich.

Business Development

Double-decker train launched on the ­Moscow — Adler route.

Co-branding card project launched in cooperation with Bank VTB 24.

Unified maintenance facility for double-decker rolling stock launched at the Mineralnye Vody depot.

Procedure for e-ticket purchase and refund simplified; English version of the website for ticket purchase launched.

High-Speed Traffic Improvement Programme implemented.

2012

Key Milestones

Key Milestones:

FPC awarded the Company of the Year 2012 National Award by RosBusinessConsulting (RBC) information agency.

State and Restructuring

Cooperation Agreements signed with the Governments of the Republic of Karelia, the Komi Republic, and the Republic of Ingushetia.

Business Development

FPC 2030 Development Strategy approved.

Ticket sales on credit launched.

Wider implementation of the technology for including trains in the general turnaround schedule.

Launch of a logistics company engaged in unaccompanied baggage and mail transportation — FPC-Logistics.

Revenue Management System and RZD Bonus loyalty programme launched.

Car carriers put into service.

2011

Key Milestones

Key Milestones:

FPC officially admitted to the Organization for Cooperation between Railways (OSJD) and made a member of the International Union of Railways (UIC).

State and Restructuring

Regulatory and legal framework for revenue shortfall calculation finalised.

Business Development

All FPC domestic trains support online registration.

RZD website adjusted to enable the sale of e-tickets for FPC trains via mobile devices.

Controlling share of RZD Travel LLC acquired to expand FPC’s presence in the tourist market (rail travel segment).

2010

Key Milestones

Key Milestones:

FPC included in the Register of Natural Monopolies.

State and Restructuring

Restructuring of long-distance passenger infrastructure under Stage Three of the Railway Restructuring Programme completed.

Business Development

FPC started independent operations.