OREANDA-NEWS. January 22, 2010. In connection with widespread media reports regarding the possibility of an IPO in Hong Kong, the press service states that at present, Russian Railways has no plans for a Company IPO, reported the press-centre of RZD.

Russian Railways’ Vice-President Avtandil Gorgiladze, who is taking part in a financial forum in Hong Kong, told reporters that since the Russian Federation is the Company’s sole shareholder, a decision on the possibility of an IPO will be made solely by the Russian Government.

However, IPOs of Russian Railways’ subsidiaries are currently under consideration in accordance with Government decisions.