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TMH-Elektrotech, part of TMH-Energy Solutions, plans to invest about 4 billion rubles to expand production of electric traction motors for locomotives in Novocherkassk, Rostov region. The modernization is expected to be completed in 2025, creating about 270 new jobs and increasing output to 5,700 traction motors and 23,000 asynchronous traction motors per year.
TMH-Elektrotekh (part of TMH Energy Solutions) is modernizing and expanding production facilities in Novocherkassk, Russia, with an investment of over 6 billion rubles. The project will increase output of traction motors for locomotives by 35% to 5,700 units per year and for metro trains to 2,700 units per year, creating about 500 new jobs.