History
JSC Russian Railways was established by Decision № 585 of the Government of the Russian Federation dated September 18, 2003. On October 1, 2003 the company took over the management functions of the rail networks from the Ministry of Railways of the Russian Federation (MR), leaving the state regulation to MR. RZD got 987 companies (95% in asset value) out of the 2046 that had formed the MR system.
Read more about this topic: Russian Railways
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