Central Suburban Passenger Company

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Central Suburban Passenger Company
Company typeJoint-stock company
Founded2005
Headquarters,
Russia
Revenue$701 million[1] (2017)
$78.8 million[2] (2017)
$1.15 million[2] (2017)
Total assets$495 million[2] (2017)
Total equity$282 million[2] (2017)
Number of employees
9,000 (2022) Edit this on Wikidata

Central Suburban Passenger Company (CSPC; Russian: Центральная пригородная пассажирская компания) is a Russian commuter railway company.[3] 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.[4]

CSPC operates in 10 Russian regions, and in 2013 it had an 80% share of the Moscow rail commuter market.[5]

Financials

CSPC express train in Nakhabino station

In 2011, the company made 23.6 million rubles in net operating revenue and held 6.3 million rubles in assets.[3]

Ownership

Declared shareholders as of September 2018:[6]

  • OOO "MPK" (49.3%)
  • Marshrutnyye sistemy (25.3%)

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.[4]

References

  1. ^ "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. ^ a b c d Error: Unable to display the reference properly. See the documentation for details.
  3. ^ a b "Central Suburban Passenger Company (ЦЕНТРАЛЬНАЯ ППК)", ISI Emerging Markets webpage, accessed 14 Mar 2013
  4. ^ a b “Russian Railways divests 25% in suburban operator”, RosBusinessConsulting Database, 24 Dec 2012, accessed 18 Mar 2013 via Nexis
  5. ^ "RZD sells stake in suburban rail operator". Railway Gazette. Retrieved 17 October 2018.
  6. ^ "Список аффилированных лиц". disclosure.skrin.ru. Retrieved 17 October 2018.

External links