Transmashholding has launched its operations in Israel as it has established TMH Israel to serve the needs of the Israeli railway and urban transport market in partnership with the local companies. Israel is the eighth country of operations for TMH International (TMHI), the international branch of the TMH Group.
TMH Israel is a joint venture formed between TMH International that owns 70% of shares in the joint venture and Patrick Landau, owning the remaining 30% of the shares. Patrick Landau is the CEO of Maydex AG, an international entrepreneur with extensive experience in the field of infrastructure in Israel. Patrick Landau has been appointed Chairman of TMH Israel.
“We are entering the Israeli market, because we believe that the Israeli railway industry has a great potential for growth, and, as an industrial investor, we want to take part in the national effort to improve and expand Israel’s railway system”, Kirill Lipa, the CEO of TMH said on the occasion of his visit to Israel.
During the visit, the TMH delegation comprising company’s senior management had a meeting with the representatives of Israel Ministry of Transport, Israel Railways, as well as with transport authorities from Jerusalem and Haifa to discuss the potential opportunities in the mobility sector.
” The company is determined to create a thriving and complete railway industry here, which will also be reflected in the creation of jobs, and an increase in the local supply chain. The company’s extensive knowledge and experience will enable us to offer services to the entire railway industry in Israel, and to move the Israeli transportation forward,” Kirill Lipa said.
TMH International employs around 1000 people and is active in Argentina, Cuba, Egypt, Germany, Hungary, Israel, Kazakhstan, and South Africa.
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