Russia Increased Freight Car Manufacture +28.8% in 2016
January 25, 2017
Russian Freight Car Leasing Market Reviving
May 18, 2017
PZTG to Manufacture Import-Replacement Contactors
December 14, 2016
Penza Plant Telema Gino (PZTG) is to establish manufacture of contractors for locomotives and multiple units, the Kommersant reports. PZTG will therefore compete with German manufacturers supplying products for Russian rolling stock manufacturers.
“The goal of the project is to create a competitive Russian product in compliance with the import replacement strategy and ensure maximal localization of this product in Russia”, PZTG comments. “We are looking to sell around 50,000 contactors in total. The plan for 2017 is 4,800 contactors and the plan for 2018 is 8,400 contactors”.
PZTG has already developed design documentation, implemented manufacturing processes, certified a prototype, passed certification and type tests.
The amount of the project is 225.2 M RUB (3.7 M USD); 109 M RUB (1.8 M USD) might be provided by the Industry Development Fund as a special loan.