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Russian Railways’ $118 mln claim against Finance Ministry dismissed

17:22 16/03/2017

MOSCOW, March 16 (RAPSI) – The Moscow Commercial Court has dismissed a lawsuit lodged by Russian Railways seeking 7 billion rubles ($118 million) in compensation from the Finance Ministry and the Labor and Social Protection Ministry, RAPSI learnt in the court on Thursday.

Russian Railways demanded compensation for its losses from the transportation of benefit recipients in 2009. Under an agreement on the transportation of benefit recipients in 2009, the rail monopoly was to receive compensation for profit shortfall resulting from this agreement.

Russian Railways said the transportation of benefit recipients in 2009 cost the company 11 billion rubles ($164 million), but only 4 billion rubles ($60 million) were issued in compensation from the federal budget.

In 2013, Russian Railways lodged a claim with the Moscow Commercial Court seeking about 9 billion rubles in compensation for damages caused in 2011 by passenger carriage in open-plan and sitting main-line wagons on government-set regulated tariffs. In 2014, the court granted the claim, but later the ruling was overturned by higher courts.

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Russian Railways’ $118 mln claim against Finance Ministry dismissed

17:22 16/03/2017 The Moscow Commercial Court has dismissed a lawsuit lodged by Russian Railways seeking 7 billion rubles ($118 million) in compensation from the Finance Ministry and the Labor and Social Protection Ministry.
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