Press Center

Press Center

07.06.2016

Round-Up of the 1520 Strategic Partnership International Business Forum.

The 11th International Rail Business Forum 1520 Strategic Partnership closed in Sochi on 3 June.

During the two days of its business programme, 1,200 experts from 415 companies discussed a wide range of issues, primarily client orientation, pricing and the main areas of transport services market development, including the project of a Target Model of the Freight Rail Transportation up to 2020, which was recently presented by the Ministry for Economic Development of the Russian Federation. Special attention was focused on international cooperation, in particular the special role of international transport corridors and opportunities for creating long-term stable conditions that would help attract more freight to the railways from other modes of transport. Passenger rail transport also aroused strong interest from Forum participants.

The business programme of the Forum featured 130 speakers. Eleven strategically important agreements and memoranda were signed.

For the first time at the Forum, the President of Russian Railways Oleg Belozerov hosted a business breakfast to discuss the appeal of rail freight carriage from the customers’ prospective.

The HR and education structure of the railway sector were also discussed. Separate discussions were held on development of the transport services market and the logistics of rail shipments. Experts held specialized sessions on development of IT in the railway business management system and industry-specific fundamental and applied research, as well as HR policy. Non-transport related issues were discussed, too. For instance, during the discussion it was noted of a reduction in oil freight shipment volumes that solutions may be found outside the transport sphere.

A number of new proposals were announced at the Forum. Siemens presented variants of new projects they are willing to cooperate on with Russia. Special attention was paid to experiences shared by foreign colleagues.

Summarizing the results of the Forum at the “Client-Focus as a Core Value” plenary discussion, the President of Russian Railways Oleg Belozerov emphasized the event’s special atmosphere, which was not only constructive but also exciting: This year, the organizers managed to engage virtually all stakeholders in the transport process and listen to everyone, even to small rail customers.

The 1520 Strategic Partnership International Rail Business Forum was attended by top officials from the executive and legislative branches of the Russian Federation and executives from national railway operators in the CIS and the European Union, rolling stock operators, railway equipment manufacturers, international organizations, and transport and logistics, leasing and insurance companies. Some 150 journalists from 84 media outlets covered the Forum proceedings.

Back to list