Parent of Luhanskteplovoz to acquire its competitor

26 December 2012

Russian Transmashholding, the majority shareholder in Luhanskteplovoz (LTPL UK), got approval from the Antimonopoly Committee of Ukraine to acquire a 50% stake in Kazakhstan’s Locomotive Kurastyru Zauyty, Interfax reported on Dec. 25. The Kazakhstan plant produces GE engine-powered

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