Sun, Apr
61 New Articles

DLA Piper Advises Transmashholding on Russian JV with Hitachi

DLA Piper Advises Transmashholding on Russian JV with Hitachi

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

DLA Piper has advised Transmashholding, Russia’s largest manufacturer of locomotives and rail equipment, on its joint venture with Japanese industrial conglomerate Hitachi to produce traction inverters for passenger trains in Russia.

According to DLA Piper, "per conditions of the agreement, the JV will use the manufacturing capacities of Metrowagonmash, a subsidiary of Transmashholding, to manufacture high-performance traction inverters in Russia. Transmashholding will own 51% of the JV authorized capital of RUB 375 million, Hitachi will own 49%. The JV will have an annual production capacity of 200 traction systems. It will carry out the design as well as manufacturing, assembly, testing, sale, repair and maintenance service of the products. This will make high-performance, high-quality traction inverters available throughout the Russian market, as well as the CIS and European markets."

DLA Piper's team was led by Moscow-based Corporate Partner Steffen Kaufmann, assisted by Legal Director Mukhamed Evloev.

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru


Our Latest Issue