CJSC Transmashholding is the largest manufacturer of locomotives and rail equipment in Russia, and after merging with LocoTech service, the fourth largest engineering company in the field of transport technology globally.[3]
The company includes 14 engineering and production sites in Russia and one production and engineering site in Germany as well as investments in Argentina.[4]
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.[5]
In December 2015, RZD approved the sale of its 25%+1 share in the company (The Breakers Investments BV).[6] Alstom's stake in the company was increased to 33% by the end of 2015.