Sinara Transport Machines completes transaction on purchase of controlling shareholding in Kalugaputmash

March 19, 2014. Sinara Transport Machines (STM, a divisional holding of Sinara Group) completed its transaction with TransFinGroup Management Company (which acted as the trustee of Blagosostotyaniye Non-State Retirement Fund in the purchase of the controlling shareholding in Kalugaputmash, a track machine and hydraulic drive plant). As a result, STM now owns 86.61% of the plant’s ordinary registered shares, Sinara Group’s PR Center reports.

Besides, Kalugaputmash BOD appointed Andrei Antropov the company Director-General.

Also, Governor of Kaluga Region Andrei Artamonov visited the plant on March 18. The visit also involved Sinara Group President Dmitri Pumpyanski and the management of Russian Railways.

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