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CJSC Transmashholding (russian: Трансмашхолдинг) is the largest manufacturer of
locomotive A locomotive or engine is a rail transport vehicle that provides the motive power for a train. If a locomotive is capable of carrying a payload, it is usually rather referred to as a multiple unit, motor coach, railcar or power car; the ...
s and rail equipment in
Russia Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-ei ...
and after merging with LocoTech service the fourth largest engineering company in the field of transport technology globally. The company includes 14 engineering and production sites in Russia and one production and engineering site in Germany as well as investments in Argentina.About the Company


History

CJSC Transmashholding was established in 2002. In 2012, Transmashholding took in 130 billion rubles in revenue. This revenue represents a 22 percent increase over 2011 revenues.TMH BOOSTS SALES 22% IN 2012", ''Ukraine Business Daily'', 5 March 2013, accessed 13 March 2013 via Nexis Due to the
Euromaidan Euromaidan (; uk, Євромайдан, translit=Yevromaidan, lit=Euro Square, ), or the Maidan Uprising, was a wave of demonstrations and civil unrest in Ukraine, which began on 21 November 2013 with large protests in Maidan Nezalezhno ...
Transmashholding was put on a sanctions list by the
Ukrainian government The Cabinet of Ministers of Ukraine ( uk, Кабінет Міністрів України, translit=Kabinet Ministriv Ukrainy; shortened to CabMin), commonly referred to as the Government of Ukraine ( uk, Уряд України, ''Uriad Ukrai ...
. In Dec 2015 RZD approved the sale of its 25%+1 share in the company (The Breakers Investments BV).
Alstom Alstom SA is a French multinational corporation, multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the A ...
's stake in the company was increased to 33% by end of 2015. In December 2017, the company paid USD 3 million for the concession and refurbishment of the Mechita workshops in
Bragado Bragado is a city in the center-northwest province of Buenos Aires, Argentina, and the head town of Bragado Partido. The city is 210 km west-southwest from Buenos Aires City, not far from the Salado River. Bragado is served by the Sarmiento ...
.
Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the List of South American countries by area, second-largest ...
. The site is part of a planned USD 200 million investment by the company in the country to produce parts for the railway industry and rolling stock if it is successful in bidding in SOFSE's large
tender offer In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corp ...
s. In February 2021, TMH was said to acquire Bergen Engines from
Rolls-Royce Rolls-Royce (always hyphenated) may refer to: * Rolls-Royce Limited, a British manufacturer of cars and later aero engines, founded in 1906, now defunct Automobiles * Rolls-Royce Motor Cars, the current car manufacturing company incorporated in ...
, for approximately 150 million euros, but the sale was stopped by the Norwegian government due to national security concerns.


Ownership

In 2018 Transmashholding was 100% owned by Breakers Investments B.V, a holding registered under Dutch law.
Alstom Alstom SA is a French multinational corporation, multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the A ...
owns 20% in this structure, while companies owned by Iskander Makhmudov, Andrei Bokarev, Dmitry Komissarov and Kirill Lipa, accounted for about 79,4%, Komissarov and Lipa being controlling shareholders by October 2021. The President of the company is Andrei Bokarev, the Chairman of the Board of Directors is Dmitry Komissarov, and the company's CEO is Kirill Lipa as of October 2021.


Activities

The company actively works with JSC Russian Railways, the Ministry of Transportation of the Russian Federation, and other Russian Federation ministries, including Ministry of Industry and Power, Ministry of Economic Development and Trade, and Ministry of Finance.
Russian Railways Russian Railways (russian: link=no, ОАО «Российские железные дороги» (ОАО «РЖД»), OAO Rossiyskie zheleznye dorogi (OAO RZhD)) is a Russian fully state-owned vertically integrated railway company, both manag ...
is the company’s biggest customer. The company manufactures and sells subway cars, passenger diesel locomotives, diesel engines, freight cars, flat cars, and diesel trains. Transmashholding has major customers in
Bulgaria Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedo ...
,
Belarus Belarus,, , ; alternatively and formerly known as Byelorussia (from Russian ). officially the Republic of Belarus,; rus, Республика Беларусь, Respublika Belarus. is a landlocked country in Eastern Europe. It is bordered by ...
,
Egypt Egypt ( ar, مصر , ), officially the Arab Republic of Egypt, is a List of transcontinental countries, transcontinental country spanning the North Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via a land bridg ...
,
Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...
,
Serbia Serbia (, ; Serbian: , , ), officially the Republic of Serbia ( Serbian: , , ), is a landlocked country in Southeastern and Central Europe, situated at the crossroads of the Pannonian Basin and the Balkans. It shares land borders with Hu ...
, and formerly
Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inva ...
.


Products

Transmasholding manufactures diesel-locomotive shunters, main-line and electric industrial locomotives, passenger and freight cars, electric train cars, locomotive and marine diesels, car castings and other products. The company has provided railcars to
Warsaw Metro The Warsaw Metro ( pl, Metro Warszawskie) is a rapid transit underground system serving the Polish capital Warsaw. It currently consists of two lines, the north-south Line M1 which links central Warsaw with its densely populated northern and sout ...
and
Baku Metro Baku Metro ( az, Bakı metropoliteni) is a rapid transit system serving Baku, the capital of Azerbaijan. First opened on 6 November 1967 during the time of the Soviet Union, it has features typical of ex-Soviet systems, including very deep centra ...
, among others. In October 2021 Transmashholding announced that a commercial launch of a new and sophisticated double-decker shuttle train is coming soon.


Structure


Russia-based companies

The company structure includes several major industrial plants in Russia: *
Novocherkassk Electric Locomotive Plant Novocherkassk Electric Locomotive Plant (NEVZ), established in 1936, is based in the Russian town of Novocherkassk, Rostov Region. It is now (2015) part of Transmashholding. NEVZ locomotives haul trains transporting 80% of all cargo on the elec ...
(NEVZ) / ''
Novocherkassk Novocherkassk (russian: Новочерка́сск, lit. ''New Cherkassk'') is a city in Rostov Oblast, Russia, located near the confluence of the Tuzlov and Aksay Rivers, the latter a distributary of the Don River. Novocherkassk is best known as ...
Electric Locomotive Plant'' / Новочеркасский электровозостроительный завод ; is the largest electric locomotive producer in Russia. * Bryanskiy Machine-building Plant / ''
Bryansk Bryansk ( rus, Брянск, p=brʲansk) is a types of inhabited localities in Russia, city and the administrative center of Bryansk Oblast, Russia, situated on the Desna (river), River Desna, southwest of Moscow. Population: Geography Urban la ...
Engineering Plant'' / Брянский машиностроительный завод ; is Russia's largest manufacturer of diesel shunters, also produces freight wagons and marine diesel engines. * Kolomensky Zavod / '' Kolomensky Plant'' / Коломенский завод ; produces diesel locomotives and diesel engines and generators. *
Demikhovsky Machine-building Plant Demikhovo Machinebuilding Plant or Demikhovsky Engineering Plant (russian: Демиховский машиностроительный завод, translit=Demikhovsky mashinostroitelny zavod, abbreviated DMZ) is a Russian open joint-stock comp ...
/ Демиховский машиностроительный завод ; major producer of electric multiple units. * Metrovagonmach / Метровагонмаш ; produces urban (metro) electrical multiple units and railcars, also trucks. * Penzadieselmash / Пензадизельмаш ; produces diesel and gas generator sets, located in
Penza Penza ( rus, Пе́нза, p=ˈpʲɛnzə) is the largest city and administrative center of Penza Oblast, Russia. It is located on the Sura River, southeast of Moscow. As of the 2010 Census, Penza had a population of 517,311, making it the 38th-la ...
. * Bezhitskiy Staleliteiniy Plant / '' Bezhitsa Steel Foundry'' / Бежицкий сталелитейный завод ; produces steel castings including coupling parts. * Oktyabrskiy Electrovagonoremontniy Plant / '' Oktyabrsky Electric Railway Car Repair Plant'' / Октябрьский электровагоноремонтный завод ; performs modernisation, repair and overhaul of passenger rolling stock. * Tsentrosvarmash / Центросвармаш ; Russia's largest producer of welded products including bogies, railway vehicle superstructure, bridges and mining equipment. * Transconverter / Трансконвертер ; Joint venture with
Siemens AG Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''E ...
producing electric supplies for railway vehicles. * KMT Industrial group / Производственная фирма «КМТ» ; designs and manufacturers passenger vehicle equipment. * Tverskoy Vagonostroitelniy Zavod (TVZ) / ''
Tver Tver ( rus, Тверь, p=tvʲerʲ) is a city and the administrative centre of Tver Oblast, Russia. It is northwest of Moscow. Population: Tver was formerly the capital of a powerful medieval state and a model provincial town in the Russi ...
Carriage Works'' / Тверской вагоностроительный завод (25%) ; develops and produces locomotive hauled passenger vehicles. * VELNII / Всероссийский научно-исследовательский и проектно-конструкторский институт электровозостроения (ВЭлНИИ); Electric locomotive design company, acquired in 2009.


Joint ventures


Bombardier transportation

On 25 May 2007, in
Sochi, Russia Sochi ( rus, Со́чи, p=ˈsotɕɪ, a=Ru-Сочи.ogg) is the largest resort city in Russia. The city is situated on the Sochi River, along the Black Sea in Southern Russia, with a population of 466,078 residents, up to 600,000 residents i ...
, Bombardier and Transmasholding signed an agreement to jointly establish an engineering center. In May 2008, Bombardier and TMH signed an agreement to form a joint company for the production of locomotives. The equal share companies were organised under the previously formed ''Bombardier Transportation Transmashholding AG'', one as an engineering design centre: ''Transmashholding Bombardier Transportation (Engineering) Rus'' and another for the manufacturing of inverter drives (based on Bombardier's MITRAC technology) used in electric locomotives: ''Transmashholding Bombardier Transportation (Industrial) Rus''.


Knorr-Bremse

In April 2007, Transmashholding and
Knorr-Bremse Knorr-Bremse AG is a German manufacturer of braking systems for rail and commercial vehicles that has operated in the field for over 110 years. Other products in Group's portfolio include intelligent door systems, control components, air c ...
agreed to create a Russian joint venture to manufacture, sell and service rail vehicle braking systems in Russia and the
Commonwealth of Independent States The Commonwealth of Independent States (CIS) is a regional intergovernmental organization in Eurasia. It was formed following the dissolution of the Soviet Union in 1991. It covers an area of and has an estimated population of 239,796,010 ...
.


Alstom

In December 2007,
Alstom Alstom SA is a French multinational corporation, multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the A ...
and Transmasholding signed a cooperation agreement that would lead to the formation of joint ventures for the production of railway components in Russia. In October 2008 the partnership was further extended by the formation of a 51:49 joint venture for the production of double decker coaches ''TMH-Alstom DV''. This intent was ratified on 31 March 2009, with Alstom providing ongoing technical expertise for the modernisation of TMH's production sites, and the development of new locomotive platforms; with TMH undertaking more than 75% of the manufacturing. At the same time Alstom took a 25(+1)% stake in TMH's capital holding company. In April 2013, Alstom and Transmashholding inaugurated a joint production site intended to
asynchronous Asynchrony is the state of not being in synchronization. Asynchrony or asynchronous may refer to: Electronics and computing * Asynchrony (computer programming), the occurrence of events independent of the main program flow, and ways to deal wit ...
traction motor A traction motor is an electric motor used for propulsion of a vehicle, such as locomotives, electric or hydrogen vehicles, elevators or electric multiple unit. Traction motors are used in electrically powered rail vehicles ( electric multip ...
s for electric locomotives in
Novocherkassk Novocherkassk (russian: Новочерка́сск, lit. ''New Cherkassk'') is a city in Rostov Oblast, Russia, located near the confluence of the Tuzlov and Aksay Rivers, the latter a distributary of the Don River. Novocherkassk is best known as ...
, that would later be used to equip the locomotives jointly developed and manufactured by Alstom and TMH for Russia and Kazakhstan. The inauguration ceremony was held in the presence of Russian Railways Senior Vice-President Valentin Gapanovich, TMH Managing Director Andrey Andreev, and Alstom Transport President, Henri Poupart-Lafarge. By late 2015 Alstom had increased its shareholding in Transmashholding by 8% from 25 to 33% for €54 million.


Siemens

''Transconverter'' was formed as a joint venture with Siemens in April 2005 for the production of electrical equipment (high voltage static converters).


Hungary-DJJ

TRANSMASHHOLDING acquired the Dunakeszi Jármű Javító ( Dunakeszi Vehicle Repair Plant) in 2020 June, from the Hungarian State with joint venture partner Magyar Vagon Zrt. Its first major contract after the change of ownership is the manufacturing of 680 passenger coaches for the Egyptian National Railways (ENR) in cooperation with TMH's Tver Carriage Works. The plant also won a four-year contract in 2020 with the
Hungarian State Railways Hungarian State Railways ( hu, Magyar Államvasutak, MÁV) is the Hungarian national railway company, with divisions "MÁV START Zrt." (passenger transport), "MÁV-Gépészet Zrt." (maintenance), "MÁV-Trakció Zrt." and "MÁV Cargo Zrt" (freig ...
to maintain and modernise 403 coaches.


TMH-Argentina

The company's subsidiary in Argentina is based in
Vicente López, Buenos Aires Vicente López is a neighborhood in Vicente López Partido, Buenos Aires Province, Argentina. It is a suburb in the Buenos Aires metropolitan area. It currently has about 24,078 inhabitants. It is bounded to the north by Olivos, to the west by ...
and serves Argentina as well as other countries in South America. Its activities include the manufacture of several components, including diesel engines, as well as the repair and modernisation of railway infrastructure and rolling stock. It is a joint venture with Trenes Argentinos Infraestructura. In May 2018, the company took hold of the Mechita workshops in
Bragado Bragado is a city in the center-northwest province of Buenos Aires, Argentina, and the head town of Bragado Partido. The city is 210 km west-southwest from Buenos Aires City, not far from the Salado River. Bragado is served by the Sarmiento ...
following a US$3 million investment for the refurbishment of the site. The company was also awarded a contract to refurbish the San Martin Line's carriages and CSR SDD7 locomotives at Mechita and announced plans to invest $70 million over the next 5 years and potentially $170 million over the next 10 in order to produce and repair rolling stock at the plant in exchange for a 30-year concession.


Former subsidiaries

* Fahrzeugtechnik Dessau ( de) was part of Transmashholding from 2006 to 2008 and was taken over by the Romanian CTF at the end of 2008.


References


Notes


External links

*
Interview with TMH Chairman Dmitry Komissarov
Interview presented by Chris Jackson concerning the first five years of the company from 2002 onwards. ''railwaygazette.com'' {{Transmashholding Locomotive manufacturers of Russia Rail vehicle manufacturers of Russia Holding companies of Russia Vehicle manufacturing companies established in 2002 2002 establishments in Russia Manufacturing companies based in Moscow Russian brands