Central Suburban Passenger Company

Central Suburban Passenger Company (CSPC; Russian: Центральная пригородная пассажирская компания) is a Russian commuter railway company.[2] CSPC covers over half of all suburban transportation in Russia, carrying over 500 million passengers in 2011. Businessman Iskander Makhmudov and Andrey Bokarev own CSPC.[3]

Central Suburban Passenger Company
TypeJoint-stock company
Founded2005
Headquarters
Moscow
,
Russia
Revenue$701 million[1] (2017)
$78.8 million[1] (2017)
$1.15 million[1] (2017)
Total assets$495 million[1] (2017)
Total equity$282 million[1] (2017)

CSPC operates in 10 Russian regions, and in 2013 it had an 80% share of the Moscow rail commuter market.[4]

Financials
CSPC express train in Nakhabino station

In 2011, the company made 23.6 million rubles in net operating revenue and held 6.3 million rubles in assets.[2]

Ownership

Declared shareholders as of September 2018:[5]

  • OOO "MPK" (49.3%)
  • Marshrutnyye sistemy (25.3%)

Before 2011, CSPC was owned by Russian Railways (slightly less than 50%), the city of Moscow (25%), and the Moscow Oblast (25%).

In 2011, Moscow Passenger Company (MPC) won an auction to purchase a 25% stake in CSPC from the city of Moscow. In 2013, MPC won an auction to purchase another stake (slightly less than 25%) from Russian Railways. In 2012, Iskander Makhmudov and Andrey Bokarev, through their company Russian Railways, purchased MPC's stake.[3]

References
  1. https://disclosure.skrin.ru/disclosure/7705705370/?DTI=8.
  2. "Central Suburban Passenger Company (ЦЕНТРАЛЬНАЯ ППК)", ISI Emerging Markets webpage, accessed 14 Mar 2013
  3. “Russian Railways divests 25% in suburban operator”, RosBusinessConsulting Database, 24 Dec 2012, accessed 18 Mar 2013 via Nexis
  4. "RZD sells stake in suburban rail operator". Railway Gazette. Retrieved 17 October 2018.
  5. "Список аффилированных лиц". disclosure.skrin.ru. Retrieved 17 October 2018.


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