Rusagrotrans to purchase 500 hopper cars from United Wagon Company

24.08.2021 Rusagrotrans to purchase 500 hopper cars from United Wagon Company

PJSC Research and production corporation United Wagon Company ("RPC UWC", the "Group" or the Company) (MOEX: UWGN), Russias largest manufacturer of freight cars[1], and JSC Rusagrotrans, the largest domestic operator in the grain and other bulk agricultural cargo transportation segment, part of Demetra-Holding, signed a contract to supply 500 hopper cars until the end of 2021.

The new cars have all the characteristics for maximum efficiency of their operation: high load capacity (76.5 t), enlarged body volume (101 m3), which allows increasing the functional load of the car up to 7%. The acquisition of new rolling stock should significantly speed up and increase the level of mechanization of loading and unloading processes, increase the degree of safety of the transported cargo. Cars with these characteristics are planned to be used in the implementation of the railway transportation routing programme.

Grain hopper_UWC.jpg

According to Alexei Gribanov, President of RTC Group and First Deputy General Director of Demetra-Holding, the companies intend to develop the routing of rail shipments of grain actively. "In just one year, the company's direct shipment volume has grown from 257,000 t to 1.1 million t, which is almost 10% of all grain export shipments in the 2020/21 season. To maintain the growth rate, there will be required the transformations related to modernization of rolling stock, digitalization of services and synergy with other companies of the holding," he noted.

1As reported by INFOLine-Analytics: https://infoline.spb.ru/news/index.php?news=205975


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