Nurlan Zhakupov, the Chairman of the Management Board of the Fund to Meet with Mr. Rafael Santana, President and CEO of Wabtec Corporation.
1150
25 June 2025
The Samruk-Kazyna’s long-time partner has become a permanent member of the Council of Foreign Investors under the President of the Republic of Kazakhstan.
The American company is a prime example of the progressiveness of the Samruk-Kazyna procurement system. Wabtec owns the Locomotive Kurastyru Zauyty. The main customer of the plant is the Fund’s portfolio company - Kazakhstan Temir Zholy. Thanks to the Fund’s procurement system, KTZ ensures a guaranteed volume of sales for the plant.
Thus, LKZ produced 595 locomotives for KTZ and exported 39 locomotives to the CIS countries.
Wabtec (Westinghouse Air Brake Technologies Corporation) is an American company that manufactures locomotives and products for locomotives, freight and passenger vehicles.
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