The signing ceremony was conducted at the Hannover Fair in Germany by RZD president Mr Vladimir Yakunin, the president and CEO of Siemens Mr Peter Löscher, and the Sinara president Mr Dmitri Pumpyansky. The contract is expected to be agreed next year with a view to delivering the locomotives by 2020.
The locomotives will be built by Ural Locomotives, the Siemens-Sinara joint venture, at its plant in Yekaterinburg. Ural Locomotives will also be responsible for maintaining the locomotives under a separate contract to be concluded next year.
This follows an MoU signed in December 2012 between RZD and Ural Locomotives for 675 type 2ES10 locomotives.