OREANDA-NEWS. August 23, 2012. In accordance with Decree No. 1132-r issued by the Government of the Russian Federation on 30 June 2012, Open Joint Stock Company Russian Railways will pay dividends on ordinary shares of 25% of the Company’s net profit in 2011, which amounts to 4.2 billion roubles, reported the press-centre of RZD.

The Company’s only shareholder is the Russian Federation as represented by the Government of the Russian Federation.

The Government also approved a new Board of Directors of Russian Railways consisting of 11 members and an Audit Committee of 7 members. The Closed Joint Stock Company BDO was approved as the Company’s auditor for 2012.