Business · Companies · 13 hrs ago
Russian Railways says it will meet 2026 freight and revenue targets
Russian Railways expects to meet its 2026 freight and revenue targets, deputy CEO Vadim Mikhailov said.
He made the statement in Istanbul while attending the Verona Eurasian Economic Forum.
The targets were set by the company’s board of directors.
The final freight volume is not yet known, as the company is checking cargo volumes with shippers and reviewing its forecast.
Mikhailov said the discussions are difficult and involve ministries and government agencies.
Next year’s loading plans will be agreed before budgets are drafted, including the company’s operating and investment budgets.
The company has not yet given a final figure for freight loading.
Russian Railways will meet all freight loading and revenue targets set by its board for 2026, Deputy CEO Vadim Mikhailov said.
Mikhailov made the statement on the sidelines of the Verona Eurasian Economic Forum.
He said it was too early to discuss final year-end loading results.
The company’s forecast loading volume is still under review as cargo volumes are checked with shippers.
Operating and investment budgets will be drafted after next year’s loading volumes are agreed and discussions with government bodies conclude.
- Who
- Russian Railways, according to Deputy CEO Vadim Mikhailov.
- What
- The company will meet its 2026 freight loading and revenue targets set by its board.
- When
- Mikhailov said this on October 23, 2026.
- Where
- On the sidelines of the Verona Eurasian Economic Forum.
- Why
- Not stated
This story does not have two clearly opposing sides.
Mikhailov said Russian Railways would meet its 2026 freight loading and revenue targets.
Russian Railways will draft its operating and investment budgets after discussions with ministries and government agencies conclude.
- Company
- Russian Railways
- Targets
- 2026 freight loading and revenue targets set by the board
- Official
- Vadim Mikhailov, deputy CEO
- Event
- Verona Eurasian Economic Forum
- Statement date
- October 23, 2026
What people are saying
all the loading and revenue targets set by the board of directors will be met
it is very hard to say now what the final loading volume will be