Business news from Ukraine

MINIMUM LOCAL CONTENT IN PRODUCTION OF ELECTRIC LOCOMOTIVES IN UKRAINE TO BE 35%

24 June , 2020  

A tender to supply electric locomotives for the implementation of a project to upgrade the fleet of electric locomotives of JSC Ukrzaliznytsia will envisage 35% of local content on the basis of Ukrainian enterprises, the press service of Ukrzaliznytsia reported on Wednesday, referring to Board member František Bureš.
According to him, this minimum level of local content was determined by the Ministry for Economic Development, Trade and Agriculture, together with the Ministry of Infrastructure and relevant associations of Ukrainian industrial companies.
Bureš said that currently the process of selecting suppliers of electric locomotives is in line with the approved road map and is at the qualification stage.
“The main goal of this stage is to create a list of direct manufacturers who have experience in the production of electric locomotives. We have received offers from all over the world. Ukrzaliznytsia is now studying all the proposals of the participants, and then will formulate recommendations – a short list of suppliers. This is not an easy job, because qualification documents have hundreds of pages,” the press service said, citing the board member.

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