Owners
About the Company
Central PPK is the largest passenger carrier among suburban passenger companies in Russia: it is more than 80% in suburban passenger transportation at the Moscow railway junction, and 60% in suburban passenger rail transportation in Russia.
The company began work on January 1, 2006 in the Paveletsky direction of the Moscow Railway - a branch of Russian Railways. Since May 1, 2007, it has expanded its area of activity to the Kursk and Kazan directions of the Moscow Railway. On October 1, 2008, the service of suburban passengers in the Yaroslavl direction of the Moscow Railway began. Since July 1, 2010 - in the Savelovsky, Riga and Belorussky directions, and since November 2010 - in the Gorky direction of the Moscow railway.
About 1.6 million people use the services of OJSC Central PPK every day.
The customer of transportation is Moscow and the Moscow region and other constituent entities of the Russian Federation - the company carries out suburban communication on the territory of ten constituent entities of the Russian Federation, including Kursk, Vladimir, Ryazan, Tula, Kaluga, Smolensk, Bryansk, Oryol regions.
The Company carries out transportation and servicing of passengers by renting rolling stock from Russian Railways. As of 2013, 402 electric trains are leased from Central PPK (including 11 interregional express trains, 23 regional trains of increased comfort and 16 Sputnik trains), as well as 31 rail buses and 44 auto buses.
Performance indicators
2024: Revenue growth of 17.98% to ₽91 bn
The revenue of Russia's largest suburban railway carrier CPPK in 2024 increased by 17.98% and amounted to ₽91,03 billion. In 2023, this figure was at the level of ₽77,16 billion. Despite the growth in revenues, the company's net profit decreased by 96.65% and amounted to ₽10,07 million against ₽300,9 million in the previous period. Financial results are published in March 2025.
The company's statements, compiled in accordance with Russian Accounting Standards (RAS), show a significant increase in assets - up to ₽318,53 billion, compared to ₽271,12 billion in 2023. Non-current assets of the CPPC are at the level of ₽302,49 billion, and current assets grew by 8.58% to ₽16,04 billion.
The carrier's financial position is characterized by an increase in capital and reserves by 4.31% to ₽14,14 billion. At the same time, the long-term obligations of the CPPK increased by 20% and reached ₽258,69 billion. Short-term liabilities also increased - by 8.8% to ₽45,7 billion compared to the previous year.
The company's operating cash flow in 2024 amounted to ₽23,72 billion, and the balance of cash flows from financial operations was positive and amounted to ₽9,22 billion. These indicators reflect the stable operating activities of the company with a decrease in final profitability.
The company's revenue growth is associated with an increase in passenger traffic, in particular, in the segment of branded express trains. In 2024, 7.21 million passengers used the services of branded express trains of the CPPK, which is 175 thousand more than in 2023. The most popular routes were from Moscow to Kaluga and back, which accounted for 26.3% of the total passenger traffic of express trains.
Peak loads on branded express trains fell on the summer period - in July and August 2024, passengers made more than 1.4 million trips. Branded express trains of the CPPK run along interregional routes and connect Moscow with large cities: Tula, Kaluga, Ryazan, Vladimir, Alexandrov, Rzhev, as well as the cities of Dubna and Orekhovo-Zuevo near Moscow.[1][2]
2021: An increase in the number of tickets sold through the CPPK application by 2 times - up to almost 4 million
On January 21, 2022, the Central Suburban Passenger Company summed up ticket sales through the branded mobile application "Schedule and Tickets of the CPPK." In 2021, almost 4 million tickets were purchased with its help, which is twice as much as in 2020. Read more here.
2020: Growth in sales via electronic channels over 9 months
On October 30, CPPK ("Central Suburban Passenger Company") announced that 165.8 million railway tickets had been purchased since the beginning of the year.
Most passengers buy tickets at ticket offices, ticket-printing machines and from cashiers-controllers. This is how 98.8% of purchases are made. In nine months, more than 90 million tickets were purchased at fixed-line ticket offices, which is 54% of total sales. More than 67.5 million tickets were purchased at the BPA this year - this is 41% of tickets purchased. Closes the top three leaders of popular sales channels - ticketing from cashiers-controllers. This method of purchase was chosen almost 6 million times, about 4% of all tickets.
In addition, in 2020, the company also noted an increase in the number of tickets purchased through the CPPK Schedule and Tickets mobile application and the company's official website. On average, more than 145 thousand tickets are purchased through a mobile application every month. At the same time, most travel documents were issued in September - almost 240 thousand, which is 22% more than in the same period last year.
"We are committed to saving our passengers time. The use of the latest technologies allows you to make, including the purchase of a ticket, in just a few seconds. So, each passenger can choose a convenient payment method for him. We have previously observed the popularity of cashless payments, but against the background of the pandemic, the transition to cashless payments has become more noticeable, thus 35% of all purchases are made, "said Ivan Konev, executive director of Central PPK JSC. |
History
2024: CPPK bankrupt AFM-Servers
In August 2024, it became known that the largest suburban railway carrier in Russia, Central PPK JSC, plans to file a lawsuit against the IT integrator AFM-Servers LLC. The company's debt to CPPK is ₽7,5 million. This is evidenced by the data of the Federal Register of Bankruptcy Notices, confirmed by the file cabinet of arbitration cases. The conflict was caused by non-fulfillment of obligations under the contract for the development and implementation of a software product. Read more here
2012: over 85 billion rubles will be allocated for the development of suburban passenger transportation infrastructure
Russian Railways assured that suburban transportation in Russia cannot be earned, so the authorities must subsidize them. In 2011, Russian Railways completely abandoned independent suburban transportation - they are engaged in suburban passenger companies (PPK), which are owned by Russian Railways (as a rule, manages a controlling stake) and the regions. The subjects of the federation themselves agree with the PPK on the schedule of transportation and the cost of tickets. If the regional authorities want to make tariffs lower, then, according to the authors of the reform, PPKs should receive subsidies from budgets.
In December 2012, it became known that the Moscow budget and Russian Railways will allocate more than 85 billion rubles for the development of suburban passenger infrastructure in 2012-2020. The corresponding agreement, as reported in a press release from the capital's government, was signed by the head of RZHDladimir Yakunin and Mayor Sergei Sobyanin.
According to the agreement, Moscow will provide 47 billion rubles, Russian Railways - 38 billion rubles.
According to RIA Novosti, at the signing ceremony, Sobyanin said that the funds would be directed to "the highest priority, hot directions." In particular, investments will go to the construction of new main routes on the Kursk, Savelovsky, Kazan, Yaroslavl and Gorky directions[3].
2011: Profit - 4.7 billion rubles
CPPK is one of the few electric train operators that make a profit. In 2011, profit amounted to 4.7 billion rubles. This result is partly due to the high passenger traffic in the region, partly due to federal subsidies. In particular, all PPKs pay only one percent of the tariff for using the infrastructure of Russian Railways, and the rest of the costs are compensated from the budget.
Information Technology
Main article: Information technology in the Central Suburban Passenger Company (CPPK)
Notes
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