RZD International and Bombardier Signed a Cooperation Agreement

RZD International and Bombardier Transportation signed an agreement on joint use of innovative technologies, the Gudok reports. The agreement was signed within the 1520 Strategic Partnership Business Forum.

Under the document, the companies would attract each other to construction projects - new and modernized. The parties might “attract each other to participate in new construction projects and modernization of existing rail lines outside of Russia; exchange rail manufacturing technologies, including transfer and implementation of innovative solutions, equipment and materials as well as experience in infrastructure construction and management”.

RZD International is OAO RZD’s subsidiary established to work on OAO RZD’s projects outside of Russia.