VEB.RF started financing of new Russian coaches

The Russian bank VEB.RF started financing TVZ's project to produce new passenger cars. The loan agreement on the provision of concessional financing in the amount of 7.274 billion rubles was concluded in summer 2024.

Under the project, by 2027, a facility capable of producing new carriages of various types will be established. During this time, TVZ plans to increase the batch production of Ivolga EMUs in order to meet the growing traffic volumes on the Moskva suburban routes, including their planned expansion into the regions. Moreover, it is planned to produce about 2,000 cars in T-gauge, more than 1,000 double-deck cars in the new version, and more than 600 cars for Ivolga EMUs.