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Transmashholding to export locomotives to Uzbekistan, Kazakhstan

Business Materials 17 March 2018 10:28 (UTC +04:00)

Baku, Azerbaijan, March 17

By Fikret Dolukhanov – Trend:

Russian Transmashholding (TMH) plans to export more than 1,000 railway train cars to Uzbekistan and Kazakhstan during the next 10 years, RIA Novosti reported citing General Director of the company Kirill Lipa.

According to him, the TMH also plans to purchase an enterprise in Kazakhstan.

The company will deliver a test batch of locomotives to Uzbekistan in 2018 and will increase export in case of success.

“The contract will be signed in 2018 and implemented during the next 10 years. The export volume is large, more than 1,000 units. We will also purchase the local enterprise Tulpar-Talgo,” Lipa told media.

He declined to announce the price of the deal, but noted that the company plans to close it in the first half of 2018.

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