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JSC "FGC" is recognized as the best subsidiary of Russian Railways
JSC "FGC" is recognized as the best subsidiary of RZD holding in 2017 to achieve economic and financial indicators. The results are summarized in Vladivostok at the network meeting on the organization of work unit strategic planning and development in the field of economy and Finance under the chairmanship of the first Deputy General Director of JSC "Russian Railways" Vladimir Mikhailov.
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About 70 subsidiary companies of the holding "Russian Railways" was evaluated by the parameters: productivity, return on sales, net profit, provision of reserves of material and technical resources, the ratio of receivables to payables, the ratio of net debt to EBITDA and dividends.

In 2017, the revenue of JSC "FGC" in accordance with IFRS compared with the year 2016 increased by 38% to 101 billion rubles., net profit – 8 times, up to 21 billion rubles, EBITDA by 2.5 times, to 40 billion roubles, the total dividends amounted to RUB 14.3 billion

According to General Director of JSC "Federal freight" Alexei Taicher, the Company's leadership testifies to the fact that JSC "FGC" moving in the right direction, actively introducing digital formats and modern technological solutions, enhancing operational and financial efficiency.

"For the second consecutive year, JSC "FGC" is the best among subsidiaries of the holding "Russian Railways", which is the result of work of all employees of the Company. We always strive to provide quality services to clients, acting in the interests of holding and performing the tasks, – said the head of JSC "FGC".

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Joint stock company "Federal freight company" (subsidiary of JSC "RZD") is one of the largest cargo rail operators in Russia. JSC "FGC" is among the three leaders of the rating of operators INFOLine RAIL RUSSIA TOP.

The main activity of the Company is providing rolling stock for transportation of goods, and rendering of transport-forwarding services. Rolling stock in operation of JSC "FGC" has 131 thousand units of rolling stock (as of 27.09.2018).

On the Russian Railways has 7 branches and 8 agencies of transport services JSC Federal freight, as well as representative offices in Moscow and Kazakhstan.

The mission of the Company is guaranteed and quality supplies of rolling stock to shippers on the 1520 gauge.

 

Official site of JSC "FGC": www.railfgk.ru.



Translated by service "Yandex.Translation"
Источники: Agro2b
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