Suvarna Garge (Editor)

Central Suburban Passenger Company

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit

Central Suburban Passenger Company (CSPC) is a Russian commuter railway company. CSPC covers over half of all suburban transportation in Russia, carrying over 500 million passengers in 2011. Businessman Iskander Makhmudov and Andrey Bokarev own CSPC.

Contents

Financials

In 2011, the company made 23.6 million rubles in net operating revenue and held 6.3 million rubles in assets.

Ownership

Before 2011, CSPC was owned by Russian Railways (slightly less than 50%), the city of Moscow (25%), and the Moscow Oblast (25%).

In 2011, Moscow Passenger Company (MPC) won an auction to purchase a 25% stake in CSPC from the city of Moscow. In 2013, MPC won an auction to purchase another stake (slightly less than 25%) from Russian Railways. In 2012, Iskander Makhmudov and Andrey Bokarev, through their company Russian Railways, purchased MPC's stake.

References

Central Suburban Passenger Company Wikipedia


Similar Topics