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RM Rail has summed up its 2016 production performance results

01/19/2017

RM Rail announces the results of its production activities in 2016. Compared with 2015, the company has a 55% higher output of specialized rolling stock and over 3 times higher output of cast products, with the range of large, medium and small-sized castings expanded up to 450 items.

RM Rail remains a leader in development and manufacture of innovative rolling stock in Russia. In 2016 the company has successfully tested the first Russian aluminum alloy body hopper, designed and certified a new model of rail tank car for transportation of ammonia with increased cubic capacity barrel. Today they are ramping up production of tanks and vessels for oil and gas and chemical industries requiring advanced engineering solutions.

One of the key focuses in 2016 was development of export - RM Rail supplied rail cars and components to Iran, Cuba, the Baltic States, Kazakhstan. The cooperation will be continued in 2017.

Last year, the company has finished the first phase of diversification program launched in 2014. In particular, VKM-Steel foundry complex has expanded the range of large, medium and small-sized castings from 30 to 450 items, and is now the main supplier to major federal enterprises of petrochemical, agricultural and automotive industries. At the same time, the company has demonstrated the industry's minimum rejection levels over recent years - 2.1%.

Additionally, as part of the diversification program, in 2016 RM Rail Abakanvagonmash container plant mastered production of block-frame accommodation modules, having built over 1,000 units of this product for the Russian construction companies.

As a joint venture with the Government of the Republic of Mordovia, vertical steel tanks production project was launched by RM Rail last year at Ruzchimmash site. State-of-the-art equipment provides production of tanks of 100 to 50,000 cubic meter capacity. The first VSTs have been already shipped to the customers.

Pavel Ovchinnikov, RM Rail General Director:

- In 2017, we’ll keep the priorities outlined earlier: leadership in development of innovative rail cars, mastering new cast products, diversification of production, further development of export. We also intend to expand our presence in the segment of unit equipment for petrochemical and gas industries and vertical steel tanks. Last year we made considerable upgrade of production facilities that, combined with advanced engineering competence, many years' experience and quality traditions for which RM Rail Ruzchimmash is famous, will enable us to produce products to the utmost satisfaction of our clients.

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