“The traditional technologies don’t allow prolonging springs service life radically. But the high-temperature processing technology that is offered to be realized under the project makes it possible. It has been shown by the experience of Russian and foreign manufacturers that use for prolonging the service life of springs the high-alloy steel or steel of improved quality obtained by electroslag or vacuum-and-arc remelting."

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United Wagon Company completes a deal on purchasing 100% shares of NPC Springs

Railway holding United Wagon Company (UWC) has completed a deal on purchasing of 100% shares of NPC Springs from RUSNANO and Izhmash. Therefore, NPC Springs becomes a UWC's plant asset, specializing in production of high strength rail springs for Tikhvin Freight Car Building Plant (TVSZ). The deal value and IRR are not disclosed.