Collapse is near. The CPD announced the crisis of the Russian monopoly company "Russian Railways"
news.online.ua
Mon, 03 Mar 2025 17:03:00 +0200
Russian Railways is approaching collapseThe most significant declines were in the volumes of grain transportation 28.7, building materials 26, ferrous metals 13.1, and oil 4.9.
After the start of the fullscale invasion of Ukraine and the introduction of Western sanctions, the Russian Federation found itself cut off from a significant part of its external markets.
The decline in rail traffic was a direct consequence of the war.
This indicates a gradual slump of the Russian economy and is one of the harbingers of an economic crisis.
Over time, the railway statistics will inevitably affect the indicators of revenues to the Russian budget.Previously, the Central Railways also reported that Russian Railways was forced to reduce funding for largescale railway infrastructure development projects due to the war.There have also been reports of mass layoffs at one of Russias key engineering plants, which serves Russian railways.
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