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UVZ in Bombardier Deal

Uralvagonzavod and Canada's Bombardier plan to sign a package of agreements to set up production in Russia of cars for subway trains and trams at the Innoprom-2012 exhibition that will be held July 12-15 in Yekaterinburg, Uralvagonzavod said, according to Interfax.

The agreements call for transferring technology to Russia, training staff at Bombardier's European plants, joint design and organization of production.

It was reported earlier that the joint venture between Bombardier and the Russian company, known as UVZ, to build trams would probably be located at Uraltransmash. UVZ plans to set up three lines for production of different modifications of trams.

(MT)

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