Transmashholding and Hitachi to Produce Traction Inverters in Russia

2018-05-23
Moscow: Today JSC Transmashholding ("Transmashholding") and Hitachi, Ltd. (TSE:6501, "Hitachi") have signed an agreement to localize production of traction inverters for passenger rail transport in Russian Federation. The agreement was signed by Kirill Lipa, CEO of Transmashholding, and Kiyoshi Nakata, Deputy COO Rolling Stock of Railway Systems Business Unit, Hitachi.
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