TMS Ship Finance & Trade Conference 2020

Top ranking UWC

(Posted on 25/06/20)

According to the Ranking of Russia’s Top Rolling Stock Manufacturers of 2019 compiled by INFOLine-Analytics, United Wagon Company (UWC, the Group or the Company) was placed first by the number of freight cars produced in Russia (21,000 freight cars) and second among the world’s leading manufacturers (after the Chinese CRRC Corporation), jumping up from the third place it held last year.

As reported by INFOLine-Analytics, Russia manufactured a total of 78.2 thousand freight railcars in 2019, which represents an increase of 9.8% year-over-year. The production of freight cars in Russia is expected to fall in 2020 due to the global crisis caused by the coronavirus pandemic, a decline in freight loading and a surplus of cars on the rail network.

PJSC “Research and production corporation “United Wagon Company” (UWC) is a leading railway holding focused on design, manufacture and maintenance of freight cars UWC’s annual production capacity is up to 22,000 freight cars and 90,000 tons of railway castings. The holding includes JSC “Tikhvin Freight Car Building Plant”, JSC “Tikhvin?hemMash”, JSC “TikhvinSpetsMash”, and LLC “NPC “Springs”, UNICON 1520 (a freight carrier), leasing companies under the brand of RAIL1520, JSC “TAP “Titran-Express” (a railcar maintenance company). The Company holds its own research and development engineering centre. UWC designs and produces freight cars, according to AAR, UIC and GOST standards. Deutsche Bahn assigned UWC Q2 quality status.