Russia: VTB Bank and the Industrial Development Fund will provide soft loans of RUB 3.2 bln and 1.2 bln ($41 mln and 15.4 mln), respectively.
Russia: This year’s INNOPROM International Industrial Trade Fair in Ekaterinburg will see the debut of three innovative tram models, highlighting Russia’s ambitions in modern urban mobility.
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: This is an adaptation by ROLLINGSTOCK makes of an article about motors produced by Russian Electric Motors (RED).
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: According to the plant’s parent company Sinara Group, the acceptance and homologation tests on the VNIIZhT railway research institute’s test track are scheduled to be undertaken till late March 2025.
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.