The new geopolitical conditions are no longer having a major impact on the industry, as evidenced by the dynamics of changes in revenues and backlogs of orders of the major players in the rolling stock market.
Brief overview of key events and news in the rail rolling stock markets.
Russia: TAD430 traction motor has been granted the TR EAEU 001/2011 certificate over a five-year period and approved for serial production by Russian Electric Motors (RED).
Russia: The details were revealed in an interview with Kommersant.
Russia: As communicated to the business media Delovoy Peterburg by Sinara Group, the Engineering Centre of Railway Transport, a joint venture between RZD and STM, is currently developing the train.
Russian Electric Motors (RED), a subsidiary of Transneft, the world’s largest pipeline company, has been granted the TR EAEU 001/2011 certificate.
Russia: This objective is included into the plant’s (a subsidiary of Sinara – Transport Machines, STM, Russia) investment plan presented at the conference that took place at the Ural Locomotives site.
Russia: Kirill Kolesnikov, CEO of Sinara Algorithm, a subsidiary of Sinara–Transport Machines (STM), told about this at the Transport Mobility forum in Moscow.
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%).
