KYIV, May 7 - Ukrzaliznytsia and the Swiss company Stadler CIS AG have signed a memorandum of cooperation and localization of production of passenger rolling stock in Ukraine.

According to the press service of the Ministry of Infrastructure of Ukraine, the document was signed by Deputy Prime Minister - Minister for Strategic Industries Oleh Urusky, acting chairman of the board of Ukrzaliznytsia Ivan Yuryk, acting board member of Ukrzaliznytsia Oleksandr Pertsovsky, chairman of the board and CEO of Stadler CIS AG Peter Spuhler and CEO of Stadler CIS AG Alexander Luft.