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Session “The Market of Rolling Stock. Difficulties of Rejuvenation”

The session entitled “The Market of Rolling Stock. Difficulties of Rejuvenation” sponsored by United Wagon Company RPC PJSC was held on June 8.

During the session, the speakers discussed how the innovative car concept is changing and what the next generation cars will be like. Innokenty Ivanov, Moderator, Partner, Head of Infrastructure and Transport Practice in Russia of Freshfields Bruckhaus Deringer, while opening the session, noted that freight rolling stock “rejuvenation” primarily meant the use of innovative technologies in railway coach manufacturing and that it was necessary to discuss the prospects of the process development and the aspects of its railway infrastructure preparation within the framework of the discussion.

Valentin Gapanovich, Senior Adviser to the President of Russian Railways JSC and President of OPZT, made a presentation on the new system of scientific and technical complex management when creating innovative products. According to him, this process is aimed at the creation of a renewed paradigm of manufacturing of economically and technically balanced railway products to ensure international competitiveness of the Russian Railways group of companies. “Within this objective, it is necessary to create the center for scientific and technical competence of Russian Railways for the capacities consolidation and the enhanced efficiency of scientific and technical management of the Group’s development”, he said.

Sergey Kobzev, Senior Vice President of Russian Railways JSC, submitted the data on the car purchase dynamics in Russia for the period from 1985 to 2017 (new car purchase peaked in 2011), as well as the data on the rolling stock renovation dynamics for the period from 2009 to 2016 (2016 showed the highest number of condition-based write-offs). As of May 1, 2017, the rolling stock volume amounts to 1,072 million cars, and after 2025, the total rolling stock volume is forecast to exceed 808 thousand cars. According to Sergey Kobzev, today innovative cars are being tested within the framework of the rolling stock renovation.

Alexey Sokolov, First Deputy CEO for Strategy and Product of United Wagon Company RPC PJSC, spoke on the new directions, which United Wagon Company is working on today. “The main directions of the freight car manufacturing development are the enhanced car efficiency, and reduction of operating costs,” he explained.

According to Sergey Kaletin, President of SG-Trans OJSC and Vice President of OPZT, today the freight car market needs to transition railway cars from roller bearings to cassette-type bearings. According to him, it enables to make the rolling stock operation more efficient, increase the speed of movement and reduce downtime. Kaletin believes there is a need for the program on the transition of railway cars to cassette bearings. Car owners need to be involved in this program, and its implementation shall be supported by the state.

Anastasiya Khalilova, Deputy CEO of Gazprombank Leasing CJSC, spoke in her statement on the role of leasing companies in maintaining balance of the rolling stock market. “Today leasing companies are subject to evolution. This mechanism is intensively used both by freight owners, operators and rolling stock manufacturers,” she noted.

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The General Partner is Russian Railways JSC, the organizer is Business Dialogue LLC.

“Strategic Partnership 1520” is the international business forum aimed to coordinate efforts of players in the Eurasia transport market to create a coherent infrastructure of international transportation corridor, and the most comfortable passenger and cargo transportation environment.

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