May 27, 2015

Oleg Sienko visited Egypt as part of the Russian delegation

Mr. Oleg Sienko, CEO of OJSC “RPC “URALVAGONZAVOD” took part in the work of the Russian delegation in Cairo during the business mission “Trade and Industrial Dialogue: Russia – Egypt”. The delegation was headed by Denis Manturov, Minister of Industry and Trade of the Russian Federation.

Mr. Sienko took part in a number of bilateral meetings and negotiations, e.g. with the Minister of Defense and the Minister of Transport of the Arab Republic of Egypt.

The head of the corporation also gave a speech at the plenary session “Russian-Egyptian Business Cooperation: New Perspectives and Opportunities”. Oleg Sienko stated that a fresh ground was broken in friendly relations between our countries that day, and these relations are bound to be enriched with new mutually beneficial projects.

He said that currently the corporation is considering collaboration with the Egyptian partners in the sphere of cooperation in the construction of railway rolling stock, as well as road-building machinery and oil and gas equipment. The talks were devoted both to supply and the possibility to create manufacturing facilities in Egypt. The issues of military-technical cooperation were discussed too.

During the business mission Oleg Sienko gave an interview to “Russia-24” channel, in which he told the audience about the perspectives of the corporation’s work in the Egyptian market, the future or the “Armata” project, an anti-crisis program of development of “ChTZ-URALTRAC, Ltd.” plant and the corporation’s relations with the creditors.