Ural Locomotives to launch High-Speed Trains production

20 October 2020

Ural Locomotives plant in Verkhnyaya Pyshma (a Sinara and Siemens AG joint venture) is to manufacture high-speed trains running up to 360 kilometers per hour. The relevant Memorandum of Intent has been signed today by Russian Railways, JSC, Sinara Group, Ural Locomotives, LLC, and Siemens Mobility.

392.6 mln
Jobs: 100
Bryansk region, Leningrad region, Chuvashia

Investor profile

Siemens AG

Munich, Germany

Company's website: www.siemens.com

T: +49 8963600

Public company (FSE: SIE)

Contact: Mr Joe Kaeser, President & Chief Executive Officer

Siemens is a major electronics and industrial engineering company, with four main business units: Industry, Energy, Healthcare and City Infrastructure. Siemens' operations, which encompass 750 subsidiaries and associated companies, make everything from automation equipment and building technologies for manufacturers and construction companies to diagnostic and imaging systems for hospitals and clinics.