In July 2005 ООО Transconverter and OAO Tverskoy Vagonostroitelny Zavod have concluded a strategic partnership agreement for development of the high-voltage converters production and extension of their application in passenger coaches.

OAO Tverskoy Vagonostroitelny Zavod (TVZ) is a major Russian manufacturer of the passenger coaches and possible major consumer of high-voltage converters. Extension of the high-voltage converters application in railway coaches produced by TVZ arises from the set of economical and technical advantages ensured by the present-date converter engineering achievements.

The strategic partnership agreement signed by ООО Transconverter and OAO Tverskoy Vagonostroitelny Zavod outlines main ways and actions the Parties are to take to efficiently implement their designs. So, the first step provides for conclusion of contract of delivery in 2005 – 2007 of the ООО Transconverter – made high-voltage converters. In the long-term prospect the Parties, in order to transfer up-to-date technologies and create workplaces for highly-skilled labour, are intended to launch subsidiary production of high-voltage converters in Tver Region.