[1][2] The plant was a greenfield project implemented at the site of Transmash, a former subsidiary of the manufacturing group Kirovsky Zavod and one of the USSR's most prominent industrial giants in the north-west.

The manufacturing facility rely on engineering developed by international companies based in Germany, Austria, UK, Slovenia, Canada, Spain, USA, the Czech Republic, Belgium and Finland.

The plant's key product is the Barber bogie designed by Russian engineering centers jointly with US-based Standard Car Truck Company.

According to Vladimir Putin, “It is such state-of-the-art projects that are reshaping the national economy, reviving Russia’s manufacturing industries, and creating better employment opportunities: efficient and attractive jobs for engineers and skilled workers.” In May 2012, United Wagon Company was founded to manage TVSZ's activities.

[12] In August 2018, Tikhvin Freight Car Building Plant has passed a quality audit by Deutsche Bahn, the largest railway operator in the European Union.

Also, in addition to the Deutsche Bahn audit, the Tikhvin Freight Car Building Plant has successfully passed certification to the EN 15085 Welding of Railway Vehicles and Components European standard.

[citation needed] Tikhvin Freight Car Building Plant is a subsidiary of Research and production corporation “United Wagon Company”.