UWC has signed a new agreement with the rail transportation company VTG Rail Russia

PJSC Research and production corporation “United Wagon Company” (“UWC” or the “Group” or the “Company”), Russia’s largest manufacturer of freight cars1, has signed a new agreement to supply 100 flat cars for the transportation of freight containers to the rail transportation company VTG Rail Russia, which leases its rolling stock to customers in the Russian market, and which is a member of the VTG AG Group, the European market leader in the rolling stock leasing market.

Over the next year the transportation company will be supplied with flat cars to upgrade its fleet. The partnership between UWC and VTG Rail Russia began back in 2017. Including those already supplied, a total of 350 innovative freight cars manufactured by the Tikhvin Production Site will be supplied to VTG Rail Russia.

The flat car is equipped with Model 18-9855 bogies with an axle load of 25 t, which have very high reliability and safety ratings. The Tikhvin-produced flat cars’ innovative design allows them to run on guaranteed distances up to 6,500 km between maintenance stops without stops en route, which reduces the time required for freight delivery speed. Similarly, the maintenance interval has been extended up to 1 million km (or 8 years of service), much longer than for flat cars on standard bogies, which need deport maintenance after 210 000 km (or 3 years), and then further maintenance after that every 120-210 km (or 3 years).

Olga Yakimova, CEO of VTG Rail Russia: “Our core activity in Russia is the leasing of freight cars - we provide our clients with the most efficient and popular models available on the market. In planning and diversifying our fleet we are guided by the following criteria: the rolling stock must be commercially viable for our clients, it must be of advanced technical specifications, and, in terms of cost-effectiveness, it must meet the targets set by our shareholders. UWC’s flat cars meet all these requirements in full, allowing us to meet our clients’ needs, ensure the reliable delivery of freight, and operate our fleet without any down time.  That is why, for the last few years, we have consistently placed orders for flat cars made in the Tikhvin Site.”

1As reported by INFOLine-Analytics: https://infoline.spb.ru/news/index.php?news=205975