Russian Railways and TMH Plan Agenda for Foreign Markets

OV Belozerov, General Director of Russian Railways, and A. Bokarev, President of Transmashholding, signed a memorandum on mutual support for activities in international markets.

The document was signed on June 3, 2021 at the St. Petersburg International Economic Forum.

The purpose of the memorandum is to create mechanisms for coordinating the actions and competencies of the parties to ensure a synergistic effect when organizing activities in foreign countries.

The parties plan to consider possible joint proposals for foreign customers in such areas as engineering and construction of railway infrastructure. In particular, we are talking about signaling and communication systems, supplies, modernization and maintenance of rolling stock, management and operation of railway systems.

The parties consider the countries of the near abroad, Central and Southeast Asia, the Middle East, Africa, Central and Southern Europe, and Latin America as promising regions of interaction (photo: Transmashholding).
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