Russian rolling stock manufacturers have been included in new sanction lists
Russian rolling stock manufacturers have been included in the new sanction lists of the U.S. Department of the Treasury and the U.S. State Department
The U.S. Department of the Treasury and the U.S. State Department have announced the inclusion of “Metrowagonmash” (part of “Transmashholding”) and “Uraltransmash” (part of “Rostec”) in the new sanction lists. This information was reported by the railway journal Railway Supply, citing Rollingstock.
These decisions were published by the U.S. authorities at the end of last week as part of new sanction packages imposed by the United States and the United Kingdom against Russia. The U.S. Department of the Treasury defines its list as a compilation of individuals and entities that pose a threat to U.S. national security due to their foreign activities, while the U.S. State Department directly links these decisions to the conflict in Ukraine and the aim of increasing costs for Russia.
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“Metrowagonmash” has become the first Russian factory specializing exclusively in the production of rolling stock and components to be included in such lists by the United States, the European Union, or the United Kingdom.
The main production capacity of the company is used for the manufacture of metro trains (with a maximum capacity of over 700 cars per year), and there is also a workshop for the production of rail buses.
The U.S. State Department justifies its decision by implicating the factory in the production of components for military products.
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