Largest Rolling Stock Manufacturer In Russia, Now In Africa

Russian rolling stock manufacturer Transmashholding (TMH), officially announced their strategic move into Africa through the acquisition of DCD Rolling Stock, at the recently held Africa Rail Conference and Exhibition. The R500 million investment into South Africa is through a newly acquired subsidiary, TMH Africa with empowerment partners MJISA Investments. The shareholding is structured as follows: TMH Africa is 70% owned by TMH International and 30% owned by Mjisa Investments. A deal that sta

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