DESPITE revenues increasing by 14.4% year-on-year to Roubles 1.76 trillion ($US 48.91bn) in 2013 from Roubles 1.54 trillion in 2012, Russian Railways' (RZD) profit fell from Roubles 93.7bn to Roubles 36.7bn during the same period.
EUROPEAN railfreight reported negative results in terms of transport performance and profits in 2013 and with the weak economic situation continuing, performance remains someway off matching the pre-economic crisis high of 2007.