Industry

engineering

Commencement of the project

June 2007

Reasons for selecting the project and asset status at the time of commencement

• The institute has designed 10 new types of electric locomotives for the railways of Russia, Ukraine, Kazakhstan and mining and concentrating companies and steel works of these countries for the last five years.
• A large database of scientific research results and the excellent reputation of the institute on the market allow in to implement other business projects, e.g., limited production of science-intensive products and conduction of certification tests.
• According to experts, new business lines will take up 50% or more of the institute’s total revenues.
• A state-of-the-art IT and software center, set up at the institute will, allow it to occupy a niche on the international market in future.
• The institute has accreditations of two certification systems, SSFZhT and GOST R.

Results achieved

• A concept of strategic asset development to 2012 was developed
• Institute’s activities have been structured
• Volume of work has been increased
• After business diversification there has been a 78% increase in non-core assets
• Financil and business planning have been into practice
• A special program of increasing computer equipment and modern software for establishing an R&D center for automation is ongoing

Partners of the project

ZAO Transmashholding (OAO NEVZ)