RZD Can Reduce 2 B USD of Costs - Deloitte
OAO RZD can reduce costs at 95 - 130 B RUB (1.4 - 2 B USD), the Vedomosti reports. Deloitte analyzed OAO RZD’s operations and believes that the company can save on sourcing, investment projects and optimizing management. Deloitte believes that OAO RZD does not save on sourcing - the orders are placed in large lots. E.g. the 100 biggest lots make 2/3 of OAO RZD’s corporate budget. However, the average discount on contracts is just 1.8%, which is the worst among state-owned com
Russian Rail Machine-Building to Double Exports by End-2018
Exports of automobile-building, aviation, rail and agricultural machine-building products is to double by end-2018, the Gudok quotes Russian Acting Minister of Economic Development Evgeny Elin. He made this statement at the Strategic Development and Priority Project Council chaired by President Vladimir Putin. “We need to increase sales of Russian industrial products, ensure wide access of Russian companies into external markets”, Mr. Putin said. “To do that, we need to estab
Uralvagonzavod to Sell UVZ-Logistic By End-2016
Uralvagonzavod has sent our offers for UVZ-Logistic acquisition, the Interfax reports. At least 7 - 8 companies will be bidding for the company. “We are planning to send out offers to all potential customers”, Uralvagonzavod General Director Oleg Sienko said on Friday. “At least there will be seven or eight bidders”. He did not name any companies but commented that these are either rail operators or their shareholders. “We would like to close the deal by the end of the year.
UDMZ to Build a Gas Piston Engine Prototype in 2017
Ural Diesel and Motor Plant (UDMZ, Sinara Transport Machines’ subsidiary) is to manufacture a prototype of the gas piston engine, the Interfax reports. The engine is to be installed at the diesel locomotives manufactured in Russia. “Sinara Transport Machines is working at designing a gas piston engine”, the company’s representative said. “A prototype for diesel locomotives is to be manufactured in 2017”. Earlier UDMZ commissioned a new workshop that would manufacture DM-185 n
Moscow - Kazan HSR Commissioning Shifted to 2022
OAO RZD moved the deadline of the Moscow - Kazan high-speed railway completion to 2022 - 2023, the Kommersant quotes OAO RZD President Oleg Belozerov. Earlier the company expected to complete the project by 2020. Mr. Belozerov confirmed that the work on this project “has never been stopped for a single minute”, the draft project is being finalized and the documentation on the Moscow - Vladimir section is to be handed over to Glavgosexpertiza, Russian federal expert authority
Localized Lastochka EMU Certified within Customs Union
The ES2G Lastochka EMU manufactured by Ural Locomotives got a Certificate of Compliance with the Customs Union Technical Regulations, the Gudok reports. The EMU, originally based on Siemens’ Desiro RUS concept, is 80% localized. A separate certificate is received for a bogie designed and manufactured by Ural Locomotives. The EMU now features Russian control system, microclimate system, information system as well as the bogie with a Russian braking system. “The test schedule w
PTK Acquired Vostok1520 Operator from UniWagon
First Heavy-Weight Company (PTK) bought Vostok1520 from United Wagon Company, the Gudok reports. PTK earlier acquired Nitrokhimprom leasing company, which now makes PTK the largest owner of new-generation freight cars in the CIS. Upon the Vostok1520 acquisition PTK will own over 23,000 freight cars. UniWagon will become a PTK shareholder (19.9%) and will “pursue corporate development and development of competencies in heavy train operation”. “We decided to return to the rail
Knorr-Bremse - FGK JV Relocated to St. Petersburg
Knorr-Bremse 1520, a joint venture co-established by Federal Freight Company (FGK) and Knorr-Bremse, is moving from Tver to St. Petersburg, the Vedomosti quotes Vladimir Rutkas, President - Knorr-Bremse CIS Holding. “We had our first manufacturing facility in Voronezh, then we moved to the North - we had a facility in Tver, and now we finally relocating to St. Petersburg”, Mr. Rutkas said. “Having received support from local authorities and investors we realized that it was a
Ural-Based Locomotive Manufacturers May Unite into a Cluster
Locomotive manufacturers based in the Ural region may be united into a Rail Machine-Building Cluster, the Kommersant reports. This idea was discussed in course of the meeting of the Railway Equipment Manufacturers’ Union (OPZT) in Ekaterinburg. “Most of the plants manufacturing transport machine-building products are based in Sverdlovsk and Chelyabinsk Oblasts”, OPZT President & OAO RZD Senior Vice President Valentin Gapanovich said. “Thus the manufacturing cluster that would
RZD and Italian Railways Establish High-Speed Mainline Working Group
Russian Railways (OAO RZD) and Italian Railways (Ferrovie dello Stato) establish a working group to jointly work on the Moscow - Kazan high-speed railway, the Gudok reports. The decision was taken at the meeting held by OAO RZD First Vice President Alexander Misharin and Giovanni Rocca, Vice President – Promotion of International Activities with Ferrovie dello Stato. The working group will analyze supplies and localization of the rolling stock and equipment for the Moscow - K
