MOSCOW TIME: 01.07.2022 19:00:41

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Russian-Italian plant to produce mining equipment in Orenburg

Russian-Italian plant to produce mining equipment in Orenburg

Russian heavy machine-building enterprise «RailTransHolding» and the largest European machinery producer Bedeschi S.p.A will set up joint venture company with JSC Heavy Engineering ORMETO-YUMZ.



Russian-Italian plant to produce mining equipment in Orenburg


Russian heavy machine-building enterprise «RailTransHolding» and the largest European machinery producer Bedeschi S.p.A will set up joint venture company with JSC Heavy Engineering ORMETO-YUMZ.


YUMZ provides all manufacturing stages from metal smelting to final products output. It is planned to produce different high-tech products for heavy engineering and mining equipment.


«Modern technologies in YUMZ will give a new impulse to Russian export development», - said Sergey Shpak «RailTransHolding» CEO.


Investment volume is not currently announced.



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