NPC “Springs” and “Freight One” signed the Cooperation Agreement.

The meeting of the Manufacturers of freight wagons and their components coordination committee within the “Union of Industries of Railway Equipment” took place at the premises of the “Izhevsk Machine-Building Plant” OJSC and “NPC “Springs” LLC. Within the scope of this event the “NPC “Springs” LLC and “Freight One” JSC have signed the Agreement on cooperation in the field of the super-strong springs supplies for Russian wagon producers and car-repair enterprises.

The management and representatives of the largest carriers, wagon works and car-repair plants, producers of components for railroad equipment – in all over 70 persons – participated in the meeting. Among them there were also Konstantin Demetriu, Managing Director of the “Rusnano” OJSC, Oleg Rodionov, Minister of Industry and Energy of the Udmurt Republic, and Maxim Kuzyuk, Director General of the “Scientific Production Association “Izhmash” JSC.

The event began with acquaintance with super-strong springs production process on the territory of the “NPC Springs”. The tour for delegation was conducted by Professor Oleg Shavrin, the technology developer, and Vladimir Kutergin, Director General of the “NPC “Springs”, LLC and First Deputy Director General of the “Izhevsk Machine-Building Plant” OJSC. The guests appreciated up-to-dateness and prospectivity of the technology.

In this shop the “NPC “Springs” and “Freight One” companies have signed the Cooperation agreement. The document has been signed by Vladimir Kutergin, Director General of the “NPC “Springs” LLC and Sergey Kaletin, Deputy CEO, Technological Development. Both parties emphasized the importance of this decision for development of both enterprises and all the Russian railroad equipment industry.

- We are now considering the possibility of purchasing a new rolling stock, equipped with these springs, - noted Sergey Kaletin.

The Director General of the “Scientific Production Association “Izhmash” JSC Maksim Kuzyuk emphasized that innovations development is one of the key activities of the enterprise. He told that the New Technologies Centre developed at the “Izhmash” is now engaged in a number of similar projects, which will use the experience of organization and development of the NPC “Springs”, LLC.

After that the members of the Manufacturers of freight wagons and their components coordination committee within the “Union of Industries of Railway Equipment” gathered in the conference room of “Izhmash” to discuss major issues in this field.

Reference:

“Freight One” JSC is the largest rail transport operator in Russia. 80% of the company’s clients are leading branch enterprises in the country. 14 subsidiaries conduct business in the territory of the Russian Federation. The company’s share in the carriage stock of the RF equals 22%.

The NPC “Springs”, LLC is a project company of the “RUSNANO” OJSC created to realize the project “Production of super-strong nanostructured springs with improved parameters of strength, durability and geometrical accuracy”. The company investors are the “Rusnano” OJSC, “Izhevsk Machine-Building Plant” OJSC and Financial Corporation “Uralsib”. The main product applications are rail transport (locomotive and wagon bogies), power industry, suspensions for cars and agricultural vehicles, lift systems.

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24.10.2011 All news

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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.

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