On October 19th, 2020 governmentally owned company «O`ztemiryo`lmashta`mir» and “Zaporizhzhia mechanical factory”, striving to the development of international cooperation and commercial relationships, to the production of spare parts for railroad locomotives and rolling stock, to the collaboration in engineering and construction of infrastructure and industrial objects, to the development of casting colored metals technologies and other modern technologies as well - agreed to establish a joint venture.
Both parties agreed that the process of the creation of this venture and the implementation of the technologies and processes, and the production will take about five years and will be broken down into several stages.
- To prepare and launch the production of spare parts for diesel and electric locomotives
- To prepare and launch the production of spare parts for diesel engines
- To prepare and launch the production of spare parts for bogies and other rolling stock equipment
- To develop and launch the production of upper railroad construction
- To prepare the production and develop documentation for diesel engine bushings for railroad rolling stock.