Russian Railways and RUSNANO Sign an Agreement on the Joint Development of Technologies in the Field of Rail Transport

03 June 2021

During the St. Petersburg International Economic Forum Oleg Belozyorov, the General Director of RZhD (Russian Railways) OJSC and Sergey Kulikov, Chairman of the executive board of RUSNANO Management Company signed a master agreement on scientific and technical cooperation on the implementation and promotion of the use of innovative products in the rail transport sector.

In their joint projects, the companies will concentrate on such areas as electric engines, composite materials and coverings, the digitization of rolling stock and infrastructure facilities, multispectral computer vision, and robotization. The parties will also focus on energy efficiency, green technologies and quantum communications.

Under the agreement, RZhD will develop technical requirements for innovative products, and provide infrastructure and rolling stock for use in testing new technologies. RUSNANO, in turn, will take responsibility for organizing the manufacture and testing of prototypes of innovative equipment that will be able to resolve the technical challenges faced by RZhD.

“We consider that working together with the acknowledged leader in the development and introduction of innovative technologies will enable us to realize our potential to the full and take rail transport technology to a new level”, said Oleg Belozyorov.

“RUSNANO and RZhD have a long history of cooperation and have worked together on many joint projects. For example, in 2021 Liotech, a RUSNANO portfolio company was the winner in RZhD’s tender for equipping 14 railway stations with back-up power systems based on lithium-ion batteries. I am confident that the cooperation between our companies can make the sector more efficient and allow us to implement cutting-edge innovative solutions”, said Sergey Kulikov, Chairman of the Executive Board of RUSNANO Management Company.

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The RUSNANO Group includes the RUSNANO Joint Stock Company, the RUSNANO Management Company and the Fund for Infrastructure and Educational Programs. Thanks to RUSNANO’s investments, there are currently 138 factories and R&D Centers opened in 37 regions in Russia.