Monday, June 26, 2017

Bombardier signs cooperation agreements with UVZ

Bombardier Transportation, a rail technology leader, and UVZ, a Russian rail manufacturer, signed cooperation agreements on Thursday during a signing ceremony in Yekaterinburg.

The partnership will allow the two companies to develop and sell state-of-the-art trams and metros. Dmitry Medvedev, the prime minister of Russia, took part in the Yekaterinburg ceremony. Oleg Sienko, the chief executive officer of UVZ, and André Navarri, the president and chief operating officer of Bombardier Transportation, signed the document for the two companies.

"Our agreement to introduce these modern metros and trams to Russia will significantly push the development of this mass transit sector and enhance the image of major Russian cities in the run-up to the 2018 world football championship," Sienko said. "Our joint engineering and production will ensure that the world's leading urban transport is available to Russians and built in Russia."

UVZ and Bombardier will jointly develop and market metro trains meant for the challenges of metro in Moscow and other cities in the Commonwealth of Independent States. Bombardier will provide UVZ with a license to manufacture and sell low-floor trams with the company's Bombardier Flexity technology.

"The demand for mass transit in Moscow and other cities in Russia is growing steadily," Navarri said. "Our smart transport solutions set new standards in mobility and passenger comfort. By teaming up with a strong local partner, we can offer passengers a new standard of public transport as the sustainable way to travel in the 21st century and help their country prepare to host a global championship."