RZD Senior VP Gapanovich Might Leave His Position
Valentin Gapanovich, OAO RZD Senior Vice President and Chief Engineer supervising innovations and technical policy, might leave the company, the Interfax quotes its sources. OAO RZD only reported that in course of the Board of Directors’ meeting today the company is to “review assignments and dismissals of the Executive Board Members”. Some of Interfax’s sources say that Mr. Gapanovich could be succeeded by North Railway Head Sergey Kobzev while Mr. Gapanovich might be appoin
KVSZ to Supply 38 Passenger Coaches to Ukrainian Railways
Kryukovsky Car-Building Plant (KVSZ) won a tender announced by Ukrainian Railways for 38 passenger coaches, the RZD-Partner reports. KVSZ quoted 875,28 M UAH, while the other bidder, Kharkiv Car-Building Plant, quoted 875,52 M UAH. “Although long-distance passenger transportation remains loss-brining while tariffs have not been raised since October 2014, our goal is to improve service for passengers”, Ukrainian Railways Chairman Wojciech Balczun commented. Ukrainian Railways
GE Completed Purchase of 50% in LKZ
GE Transportation has completed a purchase of 50% in Lokomotiv Kurastyru Zauyty (LKZ) from Kazakstan Railways, Nasdaq quotes GE. “We have been working with GE Transportation for more than ten years and, during this time, produced over 300 Evolution Series locomotives” said Kanat Alpysbayev, Kazakhstan Railways President. “These locomotives, built locally, are used on Kazakhstan’s railways and operated throughout the CIS region. We look forward to furthering GE Transportation’
EAEU May Allow Operation of Industrial Shunting Locomotives without Certification
Eurasian Economic Commission (EAEU) may allow operation of shunting locomotives that with extended life until August 2, 2018, the TASS reports. These locomotives, however, will have to be operated at “non-common track”, i.e. be operated within facilities only. The Russian Ministry of Transport started drafting a respective decision. Under the decision, the shunters will be used “without mandatory evaluation of compliance and marking with a national sign of compliance”. Under
Uzbekistan to Build a High-Speed Ring Railway
Uzbekistan is to build a high-speed ring railway, the Uzdailly refers to Akhborot TV Channel. The project was already presented to the Uzbekistan President Shavkat Mirziyoyev. The project will take three years. The 71.2 km railway will be built around Tashkent. With two tracks, in total of 140 km of track will be built. With 26 stations, the ring railway will operate 10 trains with 7 minutes waiting time. The total travel will take about an hour. Uzbekistan is also planning t
Transmashholding’s 2016 Revenue Is Up 22% to 2.1 B USD
Transmashholding published 2016 financials at its website. The company’s revenue is up 22% to 2015. Transmashholding’s revenue in 2016 reached 120 B RUB (2.1 B USD). The company sold 259 EMU cars (+49% to 2015 of 174 cars); 86 double-decker passenger coaches (+23% to 2016 of 70 coaches); 146 regular passenger coaches (+317% to 2015 of 35 coaches); 271 metro cars (+15% to 2015 of 235 cars). Transmashholding sold 202 mainline freight diesel locomotive sections (+48% to 2015 of
Sweden Opened Corruption Case Against Bombardier for Signaling Equipment Supplies to Azerbaijan
Swedish Police initiated an investigation on Bombardier Transportation, the Novaya Gazeta reports. The company’s executives and associates are suspected in bribing Russian and Azerbaijan railway officials for granting contracts to the Canadian company. The investigation was started after the so-called “Panama Papers” were published. Bombardier associate, Evgeny Pavlov, was arrested in Sweden. Two Board Members are now suspects. The Swedish Police is now working on a contract
Ukrainian Railways to Buy Toilet Kits at 4.8 M USD
Ukrainian Railways has announced a tender for 250 toilet kits at the total of 269.850 M UAH (4.8 M USD), the RZD-Partner reports. The tender was announced by Manufacture Provision Center, Ukrainian Railways’ subsidiary. Therefore, one toilet kit will cost at the maximum of 1.08 UAH (19 K USD). One of the reasons for this acquisition are multiple claims from the Ukrainian National Environmental Inspection, the RZD-Partner concludes.
Uralvagonzavod Published 2016 Financials
Uralvagonzavod reported net profit of 1.54 B RUB (27 M USD) in 2016, the Gudok reports. In 2015 the company reported net loss of 10 B RUB (178 M USD). Uralvagonzavod’s revenue is up 1.7 times to 94 B RUB (2 B USD). In particular, the revenue received from sales of gondola and tank cars is up 2.7 times to 14.919 B RUB (266 M USD). Uralvagonzavod manufactured 7,200 freight cars in 2016. Uralvagonzavod is one of Russia’s largest freight car manufacturers. Since recently the comp
Crimea to Buy Sleepers at 8.7 M USD
Crimean Railway has announced a tender for 93,180 concrete sleepers, the Interfax reports. The starting (maximal) amount of the contract is 485.5 M RUB (8.7 M USD). The sleepers have to have “intermediate connectors” and to be supplied to Crimea in 2017. The tender bids are accepted until April 17. The tender is to be held on April 27. Crimean Railway is managed by the Federal Agency of Railway Transport.
