Russia: The Russian operator and car builder has signed an investment agreement for RUB 4.9 bln ($55.2 mln) with the Leningrad region at the St. Petersburg International Economic Forum.
Russia: The manufacturer has announced that a large-scale three-year project to automate the welding campus at its plant in Tver has come to an end.
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.
India: The American company inaugurated a 10,000 m² manufacturing campus with 300 employees in Rohtak.
India: The German company is investing INR 1.8 bln ($22 mln) to expand their plant in Aurangabad, opened in November 2022 to manufacture bogies.
Germany: The company has announced plans to invest approximately €150 mln to expand its digital service depot.
Russia: RBC Rostov has been informed by representatives of the plant that the target figure for this year is 210 electric locomotives.
Hungary: The global leader in the rolling stock market has signed respective agreements with Acemil, Hungary, as part of Xi Jinping’s visit to the country.
Egypt: The relevant Memorandum was signed on 1 May by Kamel al-Wazir, Egypt’s Minister of Transport, and Bruno Le Maire, France’s Minister of Economy and Finance.