United Wagon Company joins the Russian Union of Industrialists and Entrepreneurs

PJSC “Research and production corporation “United Wagon Company” (“UWC”, the Company or the Holding) (MOEX: UWGN), the market leader in innovative railcar building in the 1520 mm gauge area, entered the Russian Union of Industrialists and Entrepreneurs (RSPP). A respective decision was made by the RSPP Board in accordance with the Union’s Charter.

The Russian Union of Industrialists and Entrepreneurs represents the interests of national business circles both in Russia and in the international arena. Today RSPP unites more than a hundred sectoral and regional organizations from the key industries: mechanical engineering, FEC, investment banking as well as the defense complex, construction, chemical production, light and food industries, and services.

UWC’s First Deputy CEO for General Management Dmitry Bovykin comments:

“Consolidating the efforts of the business community allows the formation of a comfortable business environment for national companies both in domestic and international markets. This proactive stance appeals to us and we hope that UWC will be able to have a productive dialogue inside the Union, maintaining jointly developed business initiatives.”