Moscow LRZ

According to the Program of the structural reform on railway transport approved by the order of the Government of the Russian Federation of May 18, 2001 No. 384 based on the Moscow LRZ the Moscow Lokomotivoremontny Plant Open joint stock company which began to perform the business activities since July 2, 2007 is created

Founders of JSC Moskovsky LRZ became: JSC "Russian Railways" and Autonomous nonprofit organization "Center of Organizational Support of Structural Reform of Railway Transport" (further ANO). Authorized capital of child open joint stock company is created by introduction of JSC "Russian Railways" of a deposit in the form of the property which is on balance of Moskovsky LRZ branch from shares in authorized capital of subsidiary, equal 100% minus one action and also a contribution of ANO in the form of money in payment of one action.

The purpose of creation of child joint-stock company is:

• improving competitiveness of the rendered services in repair of EPS;
• formation of conditions for reliable ensuring the long-term needs of railway transport for an overhaul of electrosections, production of spare parts to them;
• growth of asset cost and capitalization of subsidiary.