Performance highlights
In 2021, we recorded a gradual recovery in economic activity after a significant slowdown in 2020.
The year saw an increase in demand for railway transportation with freight handling and turnover growing by 3.2% and 3.1% y-o-y, respectively. The key driving force behind passenger transportation recovery was the relaxation of pandemic-related restrictions. Passenger turnover rose by 32.4% to 103.4 bn pkm, with 1,054 m people transported.
The concerted efforts of all units of Russian Railways helped achieve growth in operating and key financial indicators. In 2021, we recorded an increase in both revenue and profit. Cost optimisation and robust debt portfolio management helped generate a net profit of RUB 18.8 bn against RUB 0.3 bn in 2020.