Russia’s Termotron and Germany’s Siemens Create Joint Venture For Rail Technology

Posted: March 13, 2015 in Econ 101, Sanctions on Russia Meaningless, Technology and Energy

SEE ALSO:  Germany’s Siemens To Create Smart Grid For Russia’s Bashkir Power Grid Company (BESK)


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Siemens and Russian company Termotron establish JV

Feb 03, 2015

by Evghenii Gruntov

Siemens and Russian company Termotron establish JV

Siemens and Russian company Termotron have established a joint venture with the aim of combining the experience and solutions of German the company with the technologies of the Russian manufacturer in the field of rail automation. The document was signed by Dr. Jürgen Brandes, CEO Business Unit Mobility Management, Mobility Division, Siemens AG and Georgy Abushenko, General Director, Termotron.

The new company, Termotron Rail Automation specialises in the development, implementation and production of signaling systems and components for 1520 area railways.

The partners have agreed not to disclose the financial aspects of the transaction.

SOURCE: http://www.think-railways.com/siemens-russian-company-termotron-establish-jv/

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Siemens and Russian company Termotron establish JV

2015-02-04

Siemens and Russian company Termotron have established a joint venture with the aim of combining the experience and solutions of German the company with the technologies of the Russian manufacturer in the field of rail automation. The document was signed by Dr. Jürgen Brandes, CEO Business Unit Mobility Management, Mobility Division, Siemens AG and Georgy Abushenko, General Director, Termotron, reports Think Railways.

The new company, Termotron Rail Automation specialises in the development, implementation and production of signaling systems and components for 1520 area railways.

The partners have agreed not to disclose the financial aspects of the transaction.

SOURCE: http://rzd-partner.com/news/rolling-stock/siemens-and-russian-company-termotron-establish-jv/

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