Co-owners of Transmashholding will create a machine sharing service in Russia

According to the CEO of TMH,the need to create a platform is due to Western sanctions and the refusal of a number of suppliers to work with Russian companies

Shareholders of Transmashholding (TMH) are working with partners to create a platform that allows Russian manufacturers to share industrial equipment. This is reported by Vedomosti with reference to a statement by the company's CEO Kirill Lipa.

TMH, together with Stankoremservis and five of the country's largest holdings in various industries, have proposed creating a platform that will allow the joint use of existing industrial plants and keep them in working order. And in the near future, also supply them with the necessary consumables and components,” said the HEAD of TMH.

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According to Lipa, TMH already has the Smartforce application, which allows sharing the use of machines among the holding's enterprises. “In fact, this is an aggregator of machine tools, or a capacity exchange, which many people talked about and which we did,” he said and specified that more than 2.5 thousand individuals have already registered on the platform.

See also Western reaction to Russian sanctions 04:59

The issue of equipment sharing has gained particular relevance due to the refusal of a number of foreign suppliers to work with Russian companies after the start of a special operation in Ukraine, Lipa said. “There are cases when they refuse to transfer to us manufactured and paid for machines that are physically located in RUSSIA, break contracts, return advances. The equipment is likely to be scrapped. But there are better companies out there. We are working with them, establishing new supply chains, connections, looking for replacements,” the top manager said.

Transmashholding is a manufacturer of railway and urban rail transport, the company offers services from the design and development of new rolling stock to modernization, life cycle service contracts and digital traffic control systems. TMH has international divisions in Switzerland, Hungary, South Africa, Egypt, Argentina, Belarus and Kazakhstan.

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The production of part of building materials turned out to be 100% dependent on Western machine tools Business

Earlier, the Ministry of Industry and Trade stated that imported components, whose share in the Russian machine tool industry is 20–40%, can be quickly replaced with domestic ones. “Today, taking into account the restrictions imposed on the supply of imported products, Russian manufacturers are recording an increase in demand for domestic machine tools. The heads of the companies noted their readiness to increase supplies to customers in the domestic market: a wide range of products has been mastered and is being produced, namely: turning and milling machines, <…>, grinding machines and other types of equipment,” the ministry said in a statement.

According to various estimates, the volume of the machine-tool fleet in mechanical engineering varies from 900 thousand to 1.5–2 million pieces. The share of machine tools older than 20 years is about 50%, follows from the industry survey of the National Research University Higher School of Economics for 2020.

In early June, Russian Prime Minister Mikhail Mishustin ordered the creation of industrial centers of competence for import substitution in key sectors of the economy. He also invited the government commission to consider proposals for replacing industry and system-wide foreign solutions with Russian software products and software and hardware systems.

In turn, Dmitry Peskov, Special Representative of the President of Russia for Digital and Technological Development, proposed a “technological island” strategy, by which he means the achievement of full technological sovereignty. To do this, according to him, it is necessary to work out a “green” agenda, create our own techno-economic block, an EXPORT package of agricultural products, a new generation of transport logistics corridors between Russia and Asian countries, etc.