Russia: The projected revenue in RUB is 141 bln, which is a remarkable one-third increase from the estimated revenue for 2023 of RUB 106 bln ($1.2 bln, +25%) and one and a half times higher than the revenue in 2022, RUB 94 bln ($1.4 bln, +7%).
Russia: A starting price at a bankruptcy auction was RUR 707 mln (approx. USD 7.6 mln), but it was gradually decreasing.
Russia: The train builder succeeded by consistently incorporating cutting-edge global trends and elevating passenger comfort to new heights.
Russia: The plan to introduce a highly automated tram on the city routes has been recently announced by Moscow Deputy Mayor for Transport. The Moscow Department of Transportation revealed what work is being done and what the impact will be.
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).
Brief overview of key events and news in the rail rolling stock markets.
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.
Russia: Mikhail Boyko, Head of the Government Relations Department at Sinara Group, reported that at the “Railway Freight Transport: Production, Operation, Leasing, Repair” conference.
Russia: Trams with a high grade of automation will be tested on several routes, according to Interfax information agency.