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General Director of RM Rail Pavel Ovchinnikov met up with the Head of Mordovia, Vladimir Volkov

03/20/2019

General Director of RM Rail Pavel Ovchinnikov met up with the Head of Mordovia, Vladimir Volkov. They discussed the performance results of the company businesses in the first quarter, as well as plans for the implementation of new projects.

The Company’s Chief Executive informed the Head of the Republic that for three months of the current year Ruzkhimmash produced 2.5 thousand cars. A production site was launched in Saransk, where the manufacturing of platforms was started, and further production of innovative aluminum rail cars is planned.

Good results are shown by VKM-Stal. Production volumes are growing, while the level of rejection remains at a record level - 2%. In January, the plant began to produce innovative casting.

Cooperation with other republican companies is developing, including the Saransk dump truck plant (AO SAZ).

This year, the implementation of ambitious investment program continues. A large amount of funds will be allocated to the modernization of production and the development of new types of products.

Due to the increase in production over the past six months, 900 people were additionally employed at the company’s enterprises; currently, the total number of employees in RM Rail is 6.5 thousand. The average salary reached 38 thousand rubles, there are no delays in its payment.
During the working meeting, directions for future cooperation to ensure the stable operation of republican rail car builders were discussed.
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