Newag has concluded agreements with Rail Capital Partners for the delivery of five electric locomotives and their servicing for 10 years

Newag has concluded agreements with Rail Capital Partners for the delivery of five electric locomotives and their servicing for 10 years
@newag.pl

The locomotives will be delivered to the ordering party next year and the following year according to an agreed schedule.


The total value of the contracts is nearly PLN 80 million (EUR 16,5 million). Approximately 5% of this amount is the approximate value of the remuneration resulting from the provision of scheduled maintenance services for P1 and P2 levels. The remaining amount is the value of the locomotives.

The contracts also provide for the possibility of outsourcing corrective maintenance and scheduled maintenance at P3 and P4 levels to the manufacturer.

Newag is one of the oldest companies operating in the rail industry in Poland. It has many years of experience in the production and modernization of rolling stock. It specializes in the production of electric and diesel passenger vehicles, electric and diesel locomotives, as well as metro vehicles and trams. It has been listed on the Warsaw Stock Exchange since December 2013.

Rail Capital Partners of Bydgoszcz owns locomotives for lease to railway operators. The company's sole shareholder is the Infrastructure Investment Fund - Capital FIZAN. In turn, part of its portfolio is managed by Polski Fundusz Rozwoju S.A.

This article was originally published on our sister's publication sektorkolejowy.pl

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