# Transmashholding to invest 2 billion rubles in power conversion center at Elektrovypryamitel

Transmashholding (TMH) has signed an agreement with the Republic of Mordovia to invest at least 2 billion rubles in creating a Power Conversion Technology Center at the Elektrovypryamitel plant in Saransk, producing electrical equipment for rail vehicles.

- Type: Investment
- Announced: 2023-01-17
- Where: Saransk, Republic of Mordovia, Russia
- Status: announced
- Products: relays, panels, contactors, chokes, dry transformers, inductive shunts, smoothing reactors, apparatus blocks, cabinets for electric locomotives, driver consoles
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Transmashholding](https://endata.com/companies/29009.md)
- [Elektrovypryamitel](https://endata.com/companies/67904.md) (target)

## Sources

- [tmholding.ru](https://tmholding.ru/media/events/20087.html), 2023-01-17: "Создание специализированного центра компетенций на базе ведущего российского электротехнического предприятия создаст новые возможности для повышения конкурентоспособности отечественного транспортного машиностроения и обеспечения его технологического суверенитета."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.