TMH delivers 40 diesel freight locomotives to RZD
RZD Logistics tests northern route for transit of sanctioned goods
Russian rail LPG exports to China surge in April
Sinara and Škoda to form JV for production of subway trains
Russian double-deck EMU planned
Serbia’s Cortanovci rail tunnel excavation completed
Stroyproekt to design Tyva coal railway
The threat of flooding on rail networks: Preparation and planning are key
Russian Railways wants more transit containers from China via Mongolia
Gazpromtrans orders molten sulphur wagons
Russian investment company Sinara Group and Škoda Transportation have agreed to form a joint venture (JV) to produce subway trains, trams and trolleybuses.
The two companies will hold equal shares in the JV. New products manufactured will be sold under the brand name Sinara-Škoda.
Founded in 2001, Sinara Group has its headquarters in Yekaterinburg, Russia. The firm focuses on investing in real estate, transport engineering and financial services.
The company’s subsidiary Sinara – Transport Machines produces locomotives and other vehicles.
Škoda Transportation group president Petr Brzezina said: “Russia is a huge and promising market in which we want to establish ourselves in the long term. The local fleet requires a massive renewal, entailing large investments and opportunities.
“In Sinara Group we see a stable and reliable partner with whom we will be able to develop the production of electric vehicles for public transport in Russia. Škoda has supplied many high-quality products to the local market in the past, and I firmly believe that we will be able to build on our previous successes with a strong partner.”
Sinara – Transport Machines CEO Viktor Leš added: “Our experience in development, production and service will enable us to create products that will outperform existing vehicles in terms of comfort, ergonomics, energy efficiency and environmental friendliness.”
Earlier this week, Škoda Transportation received a CZK4bn ($174.8m) contract to supply trams to Germany-based transport company Bonn.
In June, Russian Railways (RZD) placed an order worth nearly €1.1bn with Siemens Mobility and Ural Locomotives, a JV of Sinara Group and Siemens to procure 13 high-speed Velaro RUS trains.
Last year, Škoda supplied the first ForCity Classic tram to Chemnitz transportation company (CVAG) in Germany.
The post Sinara and Škoda to form JV for production of subway trains appeared first on Railway Technology.
This article first appeared on www.railway-technology.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2020 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.