«High-speed Railway»
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07 june

Russian Railways signs agreement with non-state pension fund Blagosostoyanie (Welfare) on participation in financing of Moscow-Kazan HSR project

On June 7, at the 12th International Railway Business Forum Strategic Partnership 1520, Russian Railways and Blagosostoyanie signed an agreement on cooperation as part of the Moscow-Kazan high-speed railway project.
President of Russian Railways Oleg Belozerov and CEO of Blagosostoyanie Yury Novozhilov signed the document.
As noted in the document, the subject of the agreement is cooperation of the parties aimed at the implementation of the Moscow-Kazan HSR construction project, which is the first stage of high-speed rail service in Russia.
Blagosostoyanie is one of the leaders of non-state pension provision in Russia. It has a high financial stability rating and therefore its participation in the Project will not only attract the necessary financing, but will also minimize its risks.


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