Russian Railways Board earned 1.7 billion rubles for less than a year

Russian Railways Board earned 1.7 billion rubles for less than a year
Oleg Belozerov

The average salary of a Russian Railways employee is 565 000 rubles per year.

Bonus of 23 JSC Russian Railways Board members for the first nine months of 2016 amounts to 1.680.907.009 rubles, the social activist, head of the Foundation Chelovecheskiy Kapital Alena Popova noted in her Twitter.

At the same time, according to Head of the national transport operator Oleg Belozerov, the average salary of a Railways employee is amounted to 47 thousand 180 rubles in the autumn of 2016, i.e., about 565 thousand rubles a year. According to the declaration of income, Belozerov earned 86 million rubles over the past year, his wife received 19.5 million. Recall that Vladimir Yakunin, Belozerov's predecessor, refused to publish a declaration calling it "the invasion of privacy".

As follows from the IFRS financial statements for the first half of 2016, payroll expenses and social security contributions remained at last year's level.

Meanwhile, in 2015, Head of Russian Railways Oleg Belozerov, who joined the company two years ago replacing Vladimir Yakunin, doubled the salaries and the premium of management.

Recall, in the first half of 2016, JSC Russian Railways has reported an increase in net profit by 1.7 times up to 44.85 billion rubles. At the same time, company's total revenue for this period increased by 8% to 1.04 trillion rubles.

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