“Transport engineering products accounted for 11% or RUB 119 billion (USD 1.6 billion) of the total procurement of Russian Railways in 2015. The Company plans to increase this proportion to 20% or RUB 186 billion (USD 2.5 billion) in 2016. The range of products is very wide – from individual components and spare parts to finished functional products,” Oleg Belozerov, the President of Russian Railways said.
Russian Railways had declared 2016 “Year of the Passenger” and set itself the task of implementing a range of measures to improve significantly service quality and passenger comfort. Thus, the Federal Passenger Company, a subsidiary of Russian Railways, has allocated up to 85% of its investment programme to updating passenger rolling stock. In 2016, the Company plans to double its purchases of domestically produced carriages, including double-decker cars, to 186 units worth RUB 10 billion (USD 136 million).
Belozerov said that in 2016, Russian Railways will invest more than RUB 15 billion (USD 204 million) in upgrading commuter rolling stock. It is planned to buy 82 carriages produced by Demikhovo Machine-building Plant and 150 carriages for the Lastochka train.
RZD is examining long-term cooperation with innovative industrial enterprises, including the development of locomotive construction for the period to 2020.
One result of this activity is the inclusion of localisation targets in contracts for the supply of rolling stock. For example, the level of localisation in the production of Lastochka electric trains reached 60% in 2015. In the future, the aim is to increase that figure to 80% in 2018.
Russian Railways would increase the share of innovative and high-tech products in its purchases to 10% in 2018.
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