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Media: Russian Railways on the verge of bankruptcy

17 February 2026 11:41 (UTC +04:00)

Russian Railways OJSC has reached the point of bankruptcy, APA reports, citing The Moscow Times.

The government will raise railway tariffs beyond the planned schedule starting March 1, 2026, in order to support Russian Railways.

The move is seen as financial assistance for the company, which has approximately 4 trillion rubles in debt.

Following the tariff increase, freight transportation will become 1% more expensive, which is expected to generate around 22 billion rubles in additional revenue for the company.

According to economists, since the beginning of the war in Ukraine, the company has lost 14% of its freight volume. Although it requested 200 billion rubles in state aid, it received only 65 billion rubles. Amid financial difficulties, the company is cutting investments, putting assets up for sale, and reducing expenses in an effort to prevent further deterioration of its financial position.