Metro Cars for Moscow

05.02.2014

Siemens and the Russian industrial company Russian Machines Corporation, which is headquartered in Moscow, agreed to establish a joint venture for the sale and production of metro cars. A Noerr Moscow team, lead by corporate Partner Björn Paulsen advised Siemens on the Russian law aspects of the transaction.

The new company, in which both joint venture partners will invest a total of 160 million Euro, is to be based in the region of Moscow and will employ up to 800 people. Siemens and Russian Machines aim to participate as joint partners in the invitation to tender for Moscow's metro. The Russian capital wants to modernize its metro fleet and is planning to purchase more than 2,000 cars.

Legal Advisors to Siemens:

In-house: Dr. Michael Schirmer (Lead/Corporate and M&A), Philip Dillenz, Dr. Maria Berne Wolfsgruber (Austria, Corporate), Dr. Katrin Schmidt (Austria, Commercial) Saar Dierckens (Antitrust), Jennifer Schiffrin (IP)

Noerr OOO: Björn Paulsen, Hannes Lubitzsch, Olga Mokhonko (all Corporate, all Moscow)

PR team


Corporate

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