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UralVagonZavod plans to acquire the French ABRF Industries
10.09.2012 14:02
UralVagonZavod plans to acquire the French ABRF Industries
UralVagonZavod logo

 "UralVagonZavod" scientific industrial corporation" PLC may acquire the French railway car building company  ABRF Industries till the end of the year, reports the Kommersant, referring to the General Director of the Russian corporation Oleg Sienko.


UVZ may pay the sum of $ 15 -25 million for the French plant. UVZ is mostly interested in the production of railway cars and maintenance. On the base of ABRF Industries UVZ plans to organize production of sliding railway carts and automobile-carriers.   


In 2010 UralVagonZavod acquired the French company Sambre et Meuse, which used to be a part of ABRF.

Author: Irina Fomina

Tags: Russian business     

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