UVZ Corporation to make civil goods for Egypt

28 May 2015 (09:26)

May 28, 2015. Uralvagonzavod Corporation (UVZ) is considering working with Egyptian companies on new rolling stock, road-building equipment, and oil and gas equipment, the Russian company’s DG Oleg Sienko said at Trade/Industrial Dialogue: Russia and Egypt in Cairo.

According to the corporation’s press service, Sienko took part in bilateral meetings and talks, including the ones with Egypt’s defense and transport ministers.

He also made a report at the plenary session on Russian-Egyptian business cooperation and new prospects and options in the field. In his report, Sienko said a new stage began in the history of the two countries’ relations, and this stage was to be filled with new, mutually beneficial projects.

The talks touched upon both supplying UVZ produce to Egypt and setting up a JV in the country. Besides, the two parties talked about their military and technological cooperation options as usual.

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