The Ukrainian multidisciplinary industrial and investment group Aurum, which exports products to Eastern Europe and the Middle East, plans to mass-produce products for the railway industry in 2023. These products had been used by Ukraine previously but were produced only in Russia. These include spare parts and components previously sold exclusively in Ukraine by companies from the aggressor country. The Aurum Group’s main areas of activity are railcar construction, rolling stock repair, railway freight transportation, industrial pump construction, the chemical industry, real estate, and agriculture. In 2022, the Aurum group paid about UAH 90M in taxes and employed 925 people.
Ukraine will begin production of railway products that have been historically manufactured in Russia.
A man works at a machine