UrBC, Yekaterinburg, November 30, 2016. Ural Vagon Zavod Corporation signed two strategically important agreements on hi tech produce development for both civilian and special purposes, the company press service reports.

The first of these agreements, on technology transfer, was signed by Director-General Oleg Sienko on the corporation’s behalf and by Chair of the Board Igor Drozdov on behalf of the Skolkovo Foundation.

‘The goal is to efficiently introduce hi tech developments by Russian innovative companies into production process and to make them popular on the market as well as to work together on introduction and commercialization of innovative technologies,’ the press service says.

The two parties will work together on the selection and introduction of Skolkovo’s promising developments at Ural Vagon Zavod Corporation’s member enterprises; they will share their expertise and research findings as well as best practices in the field of innovative product, technology, materials, special-purpose vehicles and equipment design and their promotion on the civilian market.