Russian Railways, Siemens and Sinara Group have entered into a collaboration deal on producing locomotives.
Vladimir Yakunin, president of Russian Railways; Dmitry Pumpyansky, president of the Sinara Group; and Peter Löscher, president and CEO of Siemens, signed the agreement in the presence of Maxim Sokolov, Russia’s Transport Minister at the Hannover Messe industrial fair in Germany.
The three companies agreed to expand the range of mainline freight locomotives, specifically to produce single-section AC and DC electric trains with asynchronous motor drives at Ural Locomotives, a joint venture of Siemens and the Sinara Group.
The deal proposes that 350 of these locomotives will be supplied to Russia’s railways by 2020. Specific details will be specified in the contract, which the parties intend to sign in 2014. The companies also agreed on the need for maintenance and repair of the locomotives.