Russia: The news of the deal was revealed by the Izvestiya newspaper, citing the minutes of the 3 April meeting of the Russian Government Commission on Monitoring Foreign Investment, and confirmed by the German manufacturer.
Russia: The traction motor, inverter and reduction drive elements were presented on 26 February to a delegation headed by Vitaly Savelyev, Russian Deputy Prime Minister.
Russia: The rolling stock plant that is part of the Sinara–Transport Machines, STM, has embarked on an ambitious project to increase the output of its production facilities.
Russia: Sergey Shunin, General Director for Sinara – Urban Machines, a subsidiary of Sinara – Transport Machines (STM), announced the news in the course of the Public Transport forum that took place on 25 October in Moscow.
Latest procurements, supplies and contracts in the rolling stock market.
Russia: The manufacturer has revealed these plans in the issuer’s semi-annual report.
Georgia: The decision was accepted by the board of directors of Georgian Railway (GR) last week, with the relevant agreement published on the state procurement website.
Russia: Aleksandr Pikalov, Deputy General Director of Remputmash, part of Sinara–Transport Machines, STM, has presented the technical specifications for a forthcoming tamping machine at the INNOPROM exhibition in July.
Brief overview of key events and news in the rail rolling stock markets.