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Russian Railways Board Approves 713.6 Billion-Ruble 2026 Investment Program

Officials say the outlay will cover operational needs despite being below last year's level.

Overview

  • The board approved total 2026 funding of 713.6 billion rubles alongside the company’s financial plan.
  • Some 531.4 billion rubles is allocated for asset maintenance and transport safety, including 288 billion for capital repairs.
  • Rolling-stock acquisition is set at 161.7 billion rubles for up to 400 locomotives and up to 190 passenger cars.
  • The session was chaired by Deputy Prime Minister Vitaly Savelyev, reflecting close state oversight of RZD.
  • Transport Minister Andrey Nikitin earlier said the program was designed to meet company needs, with context showing 890.9 billion approved for 2025 after a near 1.5 trillion record in 2024.