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Shoigu doubted that anyone would be able to replace Russia in managing Armenia’s railways

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•Sergei Shoigu, as Deputy Chairman of Russia’s Security Council, publicly stated that he doubts anyone will be able to replace Russia in managing Armenia’s railways.
•Russian officials have warned that Armenia’s plans to replace Russia as the operator of its railways could lead to a collapse of the Armenian railway system.
•The current management of Armenia’s railways involves Russian participation or control, which Armenia is reportedly considering changing.
•The issue of railway management has become a subject of public commentary by senior Russian security and political figures.

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▸If Armenia proceeds with replacing the Russian operator of its railways without a robust transition plan Operational disruptions and reduced reliability could affect Armenia’s domestic logistics sector and cross‑border trade flows.

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AccionesRussian rail and logistics companies with CIS exposureMayor Volatilidad

If Russian operators lose or face uncertainty over Armenian railway contracts, investors could reassess revenue prospects from regional transport projects.