OREANDA-NEWS. On May 25, 2007 JSC Russian Railways (JSC RZD) and CJSC Transmashholding have signed four contracts for development and production of a few new generation passenger electric locomotives in Sochi, reported the press-centre of Transmashholding.

The contracts were signed by Vladimir Yakunin, president of Russian Railways and Dmitry Komissarov, Chairman of the CJSC Transmashholding Board of Directors.

The contracts concluded imply development, production and shipment of over 800 new main line electric locomotives to JSC RZD by the year of 2015. The new models under consideration are EP20, EP2, EP3, and 2ES4.