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United Wagon Co takes 100% ownership of Titran Express

30 Mar 2016

RUSSIA: United Wagon Co has acquired 100% ownership of the Titran Express plant, which has the capacity to repair and modernise more than 3 500 wagons per year at its plant in the northwestern city of Tikhvin, where UWC’s own wagon manufacturing business is based.

The Titran Express plant will form a lead service centre for the maintenance of Barber bogies, and undertake the production of wheelsets and running gear.

Announcing the acquisition of full ownership on March 28, UWC said it now has a network of six training and 51 servicing centres in Russia, Kazakhstan and Belarus.