|JSC Transmashholding and Hitachi, Ltd. have signed an agreement to localize production of traction inverters for passenger rail transport in Russian Federation. The agreement was signed by Kirill Lipa, CEO of Transmashholding, and Kiyoshi Nakata, Deputy COO Rolling Stock of Railway Systems Business Unit, Hitachi.|
|License||Media Use (?)|
|Photographer / Source||Hitachi, Ltd.|
|Image dimensions||5635 x 3762 pixels|
Press Releases • May 21, 2018 12:00 BST
JSC Transmashholding and Hitachi, Ltd. signed an agreement to localize production of traction inverters for passenger rail transport in the Russian Federation. The Transmashholding-Hitachi joint venture will use local manufacturing capacities to manufacture high-performance traction inverters. Transmashholding will own 51% of the JV authorized capital of 375 million RUB, Hitachi will own 49%.