Enterprise

Tikhvin Freight Car Building Plant Closed Joint Stock Company is considered to be one of the largest at present among the industrial facilities under construction in Europe in the machine building industry. The plant is located in the town of Tikhvin in Leningrad Region. On 30 January Prime Minister Vladimir Putin launched the Tikhvin Freight Car Building Plant production.

The project is being carried out with the assistance of one of the major Russian investment & industrial holding companies, the ICT Group of Companies. The construction and engineering support are executed by the Russian engineering company IСМ, a Joint Venture of the Group and BARAN Group engineering holding company (Israel).

The Enterprise is a full technological cycle present-day production of the new generation freight cars, which possess enhanced operational characteristics.

The total volume of capital costs assigned for the construction of the Tikhvin Freight Car Building Plant exceeds USD 1 bln.