Moscow Passenger Company
Mr. Makhmudov and his partner Mr. Bokarev own Moscow Passenger Company (MPC).
In 2011, MPC purchased a 25% stake in Central Suburban Passenger Company (CSPC). CSPC accounts for 56% of all suburban transportation in Russia.
In December 2012, MPC won a bid to purchase another 25% stake in CSPC. This purchase will increase MPC’s equity position to 50%.
Over 500 million passengers rode trains operated by CSPC in 2011. In 2011, CSPC had 24 billion rubles in revenue and 4.7 billion rubles in profit.
Read more about this topic: Iskander Makhmudov
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