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RM and Fornovo signed cooperation agreement on CNG equipment
Release Date:2015-10-15 13:35
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  Russian Machines (RM) and Fornovo Gas S.r.I., Italian manufacturer of equipment for natural gas compressor based filling stations, have signed a cooperation agreement, under which RM-CNG, part of RM, will be a distributor of Fornovo Gas, selling its equipment in Russia and other CIS countries.

 
The parties also plan that RM-CNG will purchase and use the equipment from Fornovo Gas in its own filling stations. Plus they will consider possible localization of CNG equipment production in Russia. The parties are ready to discuss extension of the cooperation in the future.

 
GAZ Group, part of RM, is a leading Russian OEM producing CNG vehicles including LCV’s, trucks and buses. RM-CNG commissioned first CNG filling module, located at GAZ Group plant, in N. Novgorod in 2015.

 
M. Eibeck, RM CEO, commented: “Development of the RF CNG market is one of the top priorities of our strategy. Methane is now one most efficient and environment-friendly type of fuel but the lack of well-developed filling network prevents it from spreading in Russia. I am sure that our cooperation with Fornovo Gas will allow us to offer efficient CNG filling solutions to the market".