Central Suburban Passenger Company

Central Suburban Passenger Company (CSPC; ) is a Russian commuter railway company.[1] 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.[2]

CSPC operates in 10 Russian regions, and in 2013 it had an 80% share of the Moscow rail commuter market.[3]

Financials

In 2011, the company made 23.6 million rubles in net operating revenue and held 6.3 million rubles in assets.[1]

Ownership

Declared shareholders as of September 2018:[4]

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.[2]

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

References

  1. "Central Suburban Passenger Company (ЦЕНТРАЛЬНАЯ ППК)", ISI Emerging Markets webpage, accessed 14 Mar 2013^
  2. Russian Railways divests 25% in suburban operator- accessed 18 Mar 2013 RosBusinessConsulting Database, 24 Dec 2012^
  3. RZD sells stake in suburban rail operator Railway Gazette, retrieved 17 October 2018^
  4. Список аффилированных лиц disclosure.skrin.ru, retrieved 17 October 2018^