Chinese CNR Corporation Limited to establish production of locomotives in Russia
Published: Wed, 2014-12-03 09:04China CNR Corporation Limited together with Sinara Group, a Russian investment company with holdings in the property development, transportation (rail) and financial services sectors, are considering establishing the production of high-speed trains in Russia, according to Sinara.
It is planned that the production might be established at the capacities of Sinara in Ekaterinburg, which are known Ural Locomotives.
The new facility is expected to focus on the production of locomotives and electric trains, while financial and other details of the project are not disclosed.