RM Rail concludes a number of long-term agreements on product supply at SPIEF
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16
June
2023

RM Rail concludes a number of long-term agreements on product supply at SPIEF

St. Petersburg, June 16, 2023 – RM Rail, Russia's leading manufacturer of freight rolling stock, has concluded a number of strategically important product supply agreements and signed memoranda of cooperation with the country's largest businesses at the St. Petersburg International Economic Forum 2023.

A Memorandum of Long-Term Cooperation was signed between Trading House RM Rail LLC and Gazpromtrans LLC, a subsidiary of Gazprom PJSC. The document provides for concluding contracts on the supply of various types of tank wagons between 2024 and 2026.

RM Rail will replenish the transport fleet of one of the largest mineral fertilizer producers in Russia with a large batch of specialized tank wagons. A respective agreement was also signed during the Forum.

Novatek, one of the leading natural gas producers in Russia, has shown interest in innovative tank wagons for transportation of liquefied natural gases. Discussions on the cooperation details are ongoing.

SPIEF has become a platform for expanding the geography of product supplies from domestic manufacturers to near and far-abroad countries. Thus, as part of the delegation from the Republic of Mordovia, Maksim Tevs, CEO of RM Rail, and Aleksandr Kulikov, Deputy CEO for Sales of RM Rail, took part in a meeting with the representatives of the business alliance of India; a little later, a similar meeting was held with the representatives of Belarus.

The implementation of the agreements reached at SPIEF will make it possible for RM Rail to become a full-fledged participant in major infrastructure projects that are important for the Russian economy. This is valuable not only as a sign of trust and recognition of the quality of RM Rail's rolling stock at the highest level, but also as a development foundation for years to come.

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