TransMashHolding bought 50% of Kazakhstan producer of locomotives

ZAO "Transmashholding" (TMH) has acquired 50% of Kazakhstan’s locomotive factory "Locomotive Kurastyru zauyty" — the joint venture of General Electric and "Kazakhstan Railways". This is stated in the materials TransMashHolding.

In autumn 2012. The Federal Antimonopoly Service (FAS) has allowed TMX to acquire 50% stake in the "locomotive Kurastyru zauyty."

In June 2012. reported that TMH will acquire 50% of Kazakhstan’s locomotive plant. Chapter TransMashHolding Andrew Bokaryov noted that the stake in the Russian company to buy back "Kazakhstan Railways". "Construction of the plant cost about $ 120 million, its power — 150 locomotives a year," — he noted. According A.Bokarev, 70-80 locomotives per year will be delivered "Kazakhstan Railways", and the rest — to the market of the CIS and Asia. In Russia will ship 20-25 cars a year.

In 2009. General Electric together with the Kazakh railway company opened a locomotive factory in Astana capacity of 100 locomotives a year. The plant was collected including mainline freight locomotives TE33A series Evolution (model ES44ACI).

 

ZAO "Transmashholding" brings together transport engineering, producing electric locomotives, diesel locomotives, passenger and freight cars, locomotive and marine diesel engines, subway cars, electric and diesel trains, car casting, components and equipment for railway rolling stock. Net income TMX by Russian accounting standards for 2012. amounted to 4.28 billion rubles. (An increase by 12.5% by 2011.) Revenue — 67.98 billion rubles.

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