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Russia
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TMH returned to profitability in 2023
28 March 2024
TMH returned to profitability in 2023

Russia: Last year, TMH made a record net profit of RUB 10.5 bln ($123 mln), according to IFRS statements. A year earlier, the company – for the first time since 2015 – posted losses of RUB 4.6 bln ($66 mln).

Latest rolling stock procurements: Titagarh, Stadler, CAF, Skoda Group, PC TS, UKCP
27 March 2024
Latest rolling stock procurements: Titagarh, Stadler, CAF, Skoda Group, PC TS, UKCP

Brief overview of key events and news in the rail rolling stock markets.

Three-car low-floor 71-639 Kastor tram presented by UKCP
22 March 2024
Three-car low-floor 71-639 Kastor tram presented by UKCP

Russia: On March 19, Chelyabinsk, Russia, saw the previously announced four-door tram by the Ust-Katav Car-building Plant (UKCP). The vehicle has been tested there since February.

Sinara Transport Machines announces further development of gas locomotives
22 March 2024
Sinara Transport Machines announces further development of gas locomotives

Russia: Mikhail Boyko, Head of the Government Relations Department at Sinara Group, reported that at the “Railway Freight Transport: Production, Operation, Leasing, Repair” conference.

Unmanned trams to run in Moscow in H2 2024
20 March 2024
Unmanned trams to run in Moscow in H2 2024

Russia: Trams with a high grade of automation will be tested on several routes, according to Interfax information agency.

EMKA2 battery-catenary locomotive receives approval
20 March 2024
EMKA2 battery-catenary locomotive receives approval

Russia: The TMH plant in Novocherkassk obtained TR EAEU 001/2011 certification to produce the locomotive. The approval for mass production was secured for five years up to 2029.

Sinara Group and RZD to sign contract for first 2 high-speed trains before by mid-April
19 March 2024
Sinara Group and RZD to sign contract for first 2 high-speed trains before by mid-April

Russia: This was announced by Viktor Lesh, CEO of Sinara Group, during a meeting with Russian President Vladimir Putin, where the head of state gave the go-ahead for the Moscow – St. Petersburg high-speed railway project.

Russia plans to build up fleet of modern fire trains
18 March 2024
Russia plans to build up fleet of modern fire trains

Russia: Aleksey Druzhinin, the head of Roszheldor, the Russian federal agency for rail transport, asserted the need for the expansion of the fire train fleet in his interview with TASS.

2023 top 10 events and trends in the global rolling stock market
15 March 2024
2023 top 10 events and trends in the global rolling stock market

The most significant events and trends in the global rolling stock market in 2023 according to the ROLLINGSTOCK team.

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