26 November 2010, 11:00 am

Ansaldo STS (STS.MI), a Finmeccanica company, signed a Memorandum of Understanding (MoU) yesterday in Rome with Russian Railways (RZD) for the creation of a joint venture between Ansaldo STS (49%) and NIIAS (49%) and SM (2%), two of RZD’s subsidiaries, to develop initiatives in railway signalling, telecommunications, automation and safety & security.