Alstom Signs MoU With Ukrainian Railways to Supply, Maintain Electric Trains
September 19 2018 - 12:34PM
Dow Jones News
By Max Bernhard
Alstom said Wednesday that it has signed a memorandum of
understanding with Ukrainian Railways to cooperate on the provision
and maintenance of electric locomotives.
With Ukrainian Railways planning to renovate its fleet of
electric locomotives, the operator's total requirements cover
almost 500 locomotives over ten years and associated services and
maintenance for up to 25 years, Alstom said.
"We see the high potential of the Ukrainian market, and we would
be proud to contribute to the modernization of the country's
railway infrastructure and its further integration within the
broader European railway market," said Alstom Chief Executive Henri
Poupart-Lafarge.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
September 19, 2018 12:19 ET (16:19 GMT)
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