TMH INVESTMENTS (resident of the Russian Federation) became a part of the founders of Transconverter.

Transconverter was founded on April 19, 2005, as a joint venture of Transmashholding (resident of the Russian Federation) and Siemens AG Concern (resident of the Russian Federation).

In May 2022, Siemens, on its own initiative, withdrew from the founders of Transconverter.

In November 2022, TMH INVESTMENTS bought out part of the share of Transconverter. Currently, Transmashholding and TMH INVESTMENTS are the founders of Transconverter.