Gennadi Fadeyev, Russian Rail President, and Dietrich Moeller, Siemens electric train branch manager, met in Moscow today for routine conference. They summed up preparatory works to launch new-generation train manufacture for the Moscow-St. Petersburg railroad. A first experimental train is to be ready in 2007. Another ten will appear in Russian roads a year later.
Russian Rail, Siemens and the Russian-based New Transport Technologies finance-cum-production group signed a tripartite protocol of intentions, November 8, 2004.
The Moscow Locomotive Repair Works, affiliated to Russian Rail, will make the speed trains, while New Transport Technologies is to appoint Russian-based corporate manufacturers of assemblies and spare parts.
A total sixty trains are expected to be ready within a few years on a project evaluated at a lump 1.7 billion Euro. They will initially cater for the Moscow-St. Petersburg and St. Petersburg-Helsinki roads, eventually to spread to the Moscow-Rostov-on-Don and the Moscow-Nizhni Novgorod.
