13 February 2015 y.
Transmashholding and Ministry of Economic Development Signed an Agreement
JSC Transmashholding and Ministry of Economic Development of the Russian Federation have signed a liaison agreement for international economic activities.
The agreement was signed by Alexey Ulyukaev, a Minister of Economic Development and Andrey Borakev, President of Transmashholding.
The Ministry of Economic Development has expressed its intent to render to the Holding large-scale consulting, informative and organization assistance, facilitate in building and evolution of foreign economic relations, as per the signed instrument.
As of today, export supply amounts to about 10% of Transmashholding sales. Foreign consumers are delivered not only with rolling stock machines, but diesel engines and a wide bill of spare parts. Transport engineering products are classified as high-tech export products.