Enterprise to repair wheelsets for freight cars is launched in Blagoveshchensk

In Bashkiria, a new enterprise to form and repair wheelsets for freight wagons has been launched in the city of Blagoveshchensk. The Head of Bashkortostan Radiy Khabirov examined the car-wheel workshop of the enterprise.

The chairman of the board of the investor, RAILGO company, Rakhman Khalilov, said that 200 new jobs had already been created at the enterprise in Blagoveshchensk. It is planned that a total of 600 jobs will appear. The average salary at the enterprise today is 42 thousand rubles. The company's net profit last year amounted to 1.4 billion rubles.

Radiy Khabirov, together with the company's management, took part in the launch of the wheel pair forming machine and put his signature on the first finished products of the enterprise. It is planned to produce 1,600 wheels monthly here.

According to the Head of the Region, the republic should fulfill the terms stipulated in the investment agreement signed with RAILGO last year, and it is essential that the enterprise appeared in Blagoveshchensk PDA (priority development area).

Last December, at the "Investment Hour" session, RAILGO board member Roman Kurdyumov spoke about plans to purchase 8,223 tank wagons from UralVagonZavod Corporation. For these purposes, the investor plans to allocate 18 billion rubles. The repair facilities will be built in Blagoveshchensk. As a result of the project, it is planned to create more than 400 new jobs.

RAILGO has been operating in the market of freight forwarding services since 1997 and is among the top 20 largest Russian operators of freight railway rolling stock. In March 2019, RAILGO received the status of one of the main tax residents of Bashkortostan. Last year, the company transferred more than 231 million rubles to the regional treasury. An agreement of investment intentions between the company and the republic was signed at the St. Petersburg International Economic Forum on June 6 last year. The document provided for the implementation of an investment project to expand and update the fleet of railway rolling stock used for the oil and oil products transportation. The estimated volume of investments is at the level of 20 billion rubles.