GE Transportation Buys 50% Stake in Lokomotiv Kurastyru Zauyty Joint Venture

Posted on 04/12/2017


GE Transportation, part of American industrial conglomerate General Electric, finalized the acquisition of a 50% ownership interest in Astana, Kazakhstan-based Lokomotiv Kurastyru Zauyty JSC (LKZ), a locomotive manufacturer and marketer from KTZ (Kazakhstan Temir Zholy). KTZ is Kazakhstan’s national railway company and is owned by Samruk-Kazyna. KTZ is the largest transportation and logistics company in […]