VLADIMIR PUTIN AND ANGELA MERKEL HAVE APPRECIATED UVZ PROJECTS

Research and Production Corporation “Uralvagonzavod” participates in the International Trade Show Hannover Messe 2013, which was opened on April 8 in Hannover. Uralvagonzavod exhibits its products in two halls simultaneously: at joint stand with the Bombardier and at the stand of the major exposition of the Russian Federation.

On the opening day of this prestigious show the Corporation stands were visited by the Russian President Vladimir Putin and the German Chancellor Angela Merkel. The leaders of two states have shown great interest in the full-scale tram cab Flexity Outlook and the model of the new generation train for the Moscow Metro from Uralvagonzavod and the Bombardier. Vladimir Putin is well aware of the Corporation prospects to produce advanced public transport vehicles jointly. That is why he made explanations to Angela Merkel himself.

Oleg Sienko, Director General of Uralvagonzavod, took active part in a very eventful business programme of Hannover Messe. He was one of the speakers of the Russian-German Business Summit. The main topic of the economic dialogue was high-tech cooperation between the two countries. Research and Production Corporation “Uralvagonzavod” is a partner of several German industrial companies and banks. In particular he spoke of the Uralvagonzavod-Bombardier partnership in creation of the new tram car for Moscow. The partner-companies have won the auction for supply of 120 up-to-date comfortable tram cars for the Russian capital.

Besides, Uralvagonzavod collaborates with the Siemens: last year an agreement was signed to promote life-cycle servicing of the vehicles. This is very important as the Corporation intends to drastically re-equip its production facilities by 2018. It will cost the Russian side about 4 billion Euro. The collaboration of Uralvagonzavod with German companies is not confined by the production upgrade. The Siemens will provide a new polyclinic in Nizhny Tagil with medical equipment as has been already agreed. The construction of the polyclinic is financed by Uralvagonzavod. In conclusion Oleg Sienko, CEO of UVZ, said: Having new equipment and technologies, we all hope to indigenize our joint projects, as it will create jobs and give impetus for the partners to move further. I expect that our relations with the German companies will be expanded greatly, and our meeting at various events like Hannover Messe will bring the economics of both countries closer.

Within the Business Summit, Oleg Sienko, CEO of UVZ and Laurent Troger, President, Services & UK Bombardier Transportation, have signed an agreement governing joint creation of metro cars for the markets of Russia and CIS, and agreement to start joint production and maintenance of metro cars for Moscow. The documents have been signed in the presence of Denis Manturov, Russian Minister of Industry and Trade, and Philipp Rösler, German Minister of Economics and Technology.

RUSSIA AND CHINA STRIKE A DEAL

During the visit of Vice Premier of the People’s Republic of China Wang Yang to the Russian Federation, the founders of «Honghua CIS» Co., Ltd: OJSC «Research and Production Corporation «Uralvagonzavod», OJSC VTB Leasing and Sichuan company Honghua Group Limited signed «Agreement on production of the heavy drilling rigs in the Russian Federation». Within the frame of the signed agreement the parties continue developing a joint Russian-Chinese drilling rig manufacturing and maintenance plant.

The agreement was signed by Oleg Sienko’s, CEO of OJSC «Research and Production Corporation «Uralvagonzavod», Andrei Konoplev, CEO OJSC VTB Leasing and Yuan Hai, Honghua Group Limited Chief Vice President. In accordance to the signed document, the parties agreed to produce 28 heavy echelon rigs at the joint plant from 2013 to 2014.
The planned revenue will exceed 13 billion rubles. Production localization of up to 100% of metal structures and up to 50% of drilling rigs components base in the territory of the Russian Federation is another point of the agreement. In terms of the signed agreement the parties are to arrange the financing of the production, to provide the production facilities, competent engineering staff and support during the certification process.

For information:
OJSC «Research and Production Corporation «Uralvagonzavod» is a Russian corporation that integrates over 30 industrial enterprises, R&D establishments and design engineering bureaus in Russia and Europe. It produces military equipment, road-building machinery and railway vehicles.

OJSC VTB Leasing, established in 2002 is the largest Russian leasing company, that offers a wide range of services throughout the territory of the Russian Federation and abroad. The main activities are large and medium transactions in the railway, aircraft and machinery industries.

Honghua Group Limited — is a Sichuan company that produces petroleum equipment. It was established in 1997. Today it is the largest PRC manufacturer of heavy equipment drilling equipment. It is focused on researching, engineering, production of oil drilling rigs, oil exploration and production. «Honghua CIS» Co., Ltd was established in September 2012 by OJSC VTB Leasing, OJSC «SPC «Uralvagonzavod» and Honghua Group Limited.

The main activity is production of drilling equipment, spare parts and accessories and maintenance services. Production facilities are located at OJSC «Machine building company «Vityaz» (part of «UVZ» corporation) in Ishimbai.