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GSE, Russian company to joint venture

GSE, Russian company to joint venture

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GSE Systems Inc., of Sykesville, which makes real-time simulation and training software for the energy, process, manufacturing and government sectors, said it has entered into an agreement with Electrobalt Holding, of St. Petersburg, Russia, to establish a jointly owned company, General Simulation Engineering RUS LLC.

Electrobalt is one of the largest manufacturers of electrical distribution and switching equipment in Russia.

GSE RUS is designed to leverage Electrobalt’s industry position to introduce and jointly develop GSE’s simulation-based engineering, training and education products to the broad spectrum of the Russian energy industry, including non-nuclear power generation, oil and gas, chemical, and electrical transmission and distribution.

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