Good prospects of engineering industry in Russia

On 9 February 2016 Prime Minister of the Russian Federation Dmitry Medvedev hold a meeting on the prospects for the development of transport engineering at JSC “Tver Carriage Works”. The program of the meeting was approved the day before. The following statesmen participated in the Meeting - Deputy Prime Minister Arkady Dvorkovich, Minister of Industry and Trade Denis Manturov, Minister of Transport Maxim Sokolov, Plenipotentiary of the President in the Central Federal District Alexander Beglov, Governor of the Tver Region Andrey Shevelev, President of JSC "Russian Railways" Oleg Belozerov. Prior to the meeting the participants were shown exhibited models of innovative railway technology of domestic production. These samples included latest TVEMA’s development - Multifunctional SEVER railcar, unique high-speed measurement vehicle SPRINTER and technological combined-course cars for various purposes based on UAZ-PATRIOT all-road cars.


While Minister of Industry and Trade Denis Manturov and President of JSC "Russian Railways" Oleg Belozerov when they were examined high-speed measurement vehicle SPRINTER, General Director of TVEMA Vladimir Tarabrin grounded economic benefits of this complex in comparison to currently used models. The visitors recognized that such equipment was quite perspective and required to be deployed to the sector. The most optimal conditions of comfort and work for the complex’s crew were particularly highlighted.


It should be noted that all company’s products have been designed taking into account an import substitution programme – import content doesn’t exceed 2 %. According to Oleg Belozerov an import substitution programme is one of the most effective mechanisms which has a significant impact on price formation of procured products. The head of JSC RZD expressed himself in favor of extending the interaction and the development of long-term cooperation between JSC RZD and innovative domestic enterprises. Import substitution increases the prospects for domestic manufacturers.


In the opinion of Prime Minister “transport engineering can become an economic growth point and support the labour market and general demand for goods at home and abroad. Factoring in the weakening rouble, this can also become a significant export incentive”.