TURIN, Italy, June 18 (Xinhua) -- A modern railway R&D center was launched Tuesday in the northern Italian industrial city of Turin by CRRC Tangshan to enhance bilateral railway transportation technology collaboration and innovation. The CRRC Tangshan Italy Modern Railway Transportation Technology Joint R&D Center will be affiliated to Blue Engineering, an Italian company set up in 1993 and thrived in the fields of automotive, railway, aerospace, marine and information and communication technologies.
In 2016, three Chinese companies -- CRRC Tangshan Co., Ltd, China National Transportation Equipment & Engineering Co., Ltd, and Genertec Italia -- invested in Blue Engineering, taking 60 percent, 15 percent and 5 percent of stake respectively. Dario Gallina, president of the Turin Entrepreneurs Association, said at the ceremony that the launch of the research center is a recognition by CRRC of the competence of Blue Engineering, adding that it will benefit other related companies in the industry. His views were shared by other guests, among them Turin Mayor Chiara Appendino, Piedmont region President Alberto Cirio and Turin Polytechnic University Rector Guido Saracco. Wang Jun, vice-president of CRRC, said the R&D center will help give new momentum to Italy's development by providing better job and development opportunities.
News from CRRC Corporation Ltd.