United Wagon Co. acquires TAP Titran Express

United Wagon Co. (UWC), a market leader in railcar manufacturing in the 1520 mm gauge area, has acquired 100% of ownership interest in JSC Tihvin assembly plant Titran-Express (TAP Titran Express), within the implementation of the strategy for business diversification.

This has increased UWC’s manufacturing assets with the addition of a modern machine-building complex for service maintenance of rolling stock, increased design capacity of the plant – repair and modernisation of more than 3500 freight cars per annum.

A head service centre for the operational maintenance of freight cars, set on innovative Barber bogies, carried out throughout the whole life cycle of cars, has been established in TAP Titran-Express. Currently the service activity of the holding is represented by a network of 6 training and 51 servicing centers on the territory of Russia, Kazakhstan and Belarus, including on the basis of car-repair enterprises of the Central Directorate of Infrastructure-branch of Russian Railways, Carriage Repair Company – 1, Carriage Repair Company – 2, Carriage Repair Company – 3, Transvagonmash, Ural Carriage Repair Company, Siberian Car Repair Company, Belarusian Railway, Kamkor Wagon, etc.

TAP Titran-Express will become the basis for carrying out of pilot repairs of all nomenclature of new generation freight cars, manufactured in the enterprises of the holding. It will help update repair documentation and effectively expand service experience and technologies over the whole railway network of ‘1520 mm track gauge’.

The production capacities of TAP Titran-Express have also provided for the production of wheelsets and running gears of freight cars, equipped with cassette-type bearings.

Read the article online at: https://www.drybulkmagazine.com/dry-bulk/23052016/united-wagon-co-acquires-tap-titran-express/