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    Russian Freight Car Leasing Market Reviving

    May 18, 2017

    TVZ to Supply 106 Double-Deckers to FPC by 2018

    May 8, 2017

    RZD Senior VP Gapanovich Might Leave His Position

    April 17, 2017

    KVSZ to Supply 38 Passenger Coaches to Ukrainian Railways

    April 14, 2017

    GE Completed Purchase of 50% in LKZ

    April 13, 2017

    EAEU May Allow Operation of Industrial Shunting Locomotives without Certification

    April 12, 2017

    Uzbekistan to Build a High-Speed Ring Railway

    April 10, 2017

    Transmashholding’s 2016 Revenue Is Up 22% to 2.1 B USD

    April 7, 2017

    Sweden Opened Corruption Case Against Bombardier for Signaling Equipment Supplies to Azerbaijan

    April 6, 2017

    Ukrainian Railways to Buy Toilet Kits at 4.8 M USD

    April 5, 2017

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    Recent Posts

    Russia Increased Freight Car Manufacture +28.8% in 2016

    January 25, 2017

    Russian Freight Car Leasing Market Reviving

    May 18, 2017

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    Featured Posts

    St. Petersburg to Buy 36 Metro Cars in 2017

    March 13, 2017

    St. Petersburg is to buy 36 metro cars in 2017, the Vedomosti reports. The tender will be announced by St. Petersburg Transport Committee in April.

     

    The cars will have to be delivered by December 2019. The financing limit is 1.75 B RUB (29.6 M USD) for 2018 and 1.95 B RUB for 2019 (33 M USD). The city would likes to buy six six-car trains.

     

    One of the core requirements is localization of not less than 70%.

     

    Normally two companies bid in tenders for rolling stock supply for St. Petersburg. These are Vagonmash (co-owned by Skoda Transportation and Kirovsky Plant) and October Electric Multiple Unit Repair Plant (OEVRZ, owned by Transmashholding). The localization rate at these two are 80% and 62%, respectively. Vagonmash expects to reach 70% localization towards mid-2017.

     

    Earlier Vagonmash delayed the delivery of the rolling stock to St. Petersburg and was charged a 124 M RUB (2 M USD) penalty fee. 

     

    OEVRZ won three latest St. Petersburg tenders for rolling stock supply due to a higher localization rate.

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