Business news from Ukraine

ALSTOM (FRANCE) INTERESTED IN SUBWAY MODERNIZATION PROJECTS IN UKRAINE

Alstom (France), a manufacturer of rolling stock and infrastructure, is interested in subway modernization projects in Ukraine, Alstom CEO Henri Poupart-Lafarge has told reporters in Kyiv.
“We know that the subway in Ukraine should be modernized. So far we have not conducted any negotiations on this, but in principle this could be a project for cooperation,” he noted.
According to the Alstom CEO, first of all, the company is interested in cooperation with large cities.
“First of all, we are interested in Kyiv, because the larger the metro network in the city, the more interesting cooperation with it is. But so far we have not met with the local authorities, only at the government level,” the expert said.
Alstom is one of the world’s leaders (along with Siemens and Bombardier) in the production of power equipment and railway transport. The company’s revenue in the 2017-2018 fiscal year grew by 8.8%, to EUR7.95 billion.

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ALSTOM INTERESTED IN COOPERATION WITH UKRAINIAN RAILWAYS

France’s Alstom, the producer of rolling stock and infrastructure solutions, is interested in cooperation with public joint-stock company Ukrzaliznytsia, Managing Director for Western and Central Asia at Alstom Bernard Peille said during the presentation of the first freight electric locomotive for Azerbaijan Railways in Astana (Kazakhstan), an Interfax-Ukraine correspondent has reported.
“We recently held talks with Ukrzaliznytsia. According to them, they will need about 210 locomotives of four different types in the next five years. Basically, as we know, they are freight locomotives. We are ready to do this, but everything depends on financing, as well as on what percentage of localization is required,” he told Interfax-Ukraine.
Peille also said that Alstom is actively seeking various options for financing supplies of traction to the Ukrainian railways.
Prima T8 AZ8A freight electric locomotive presented in Astana on Wednesday is made under a contract signed by the company and Azerbaijan Railways for supply of 50 locomotives, including Prima M4 AZ4A passenger locomotives.

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FRANCE’S ALSTOM PLANS TO OPEN OFFICE IN UKRAINE

France’s Alstom, the producer of rolling stock and infrastructure solutions, plans to open a representative office in Ukraine in several months, in particular, the office in Kyiv, Managing Director for Western and Central Asia at Alstom Bernard Peille told Interfax-Ukraine during the presentation of the first freight electric locomotive for Azerbaijan Railways in Astana (Kazakhstan). “We have found a person who would present the interests of Alstom in Ukraine and develop business for us. This person would be also responsible for opening of our office in Kyiv,” he said.
Peille also said that Alstom plans to open the office in Kyiv in coming months, adding that he cannot specify the date, as many things depend on administrative work in Ukraine, which the company does not know well.
Prima T8 AZ8A freight electric locomotive presented in Astana on Wednesday is made under a contract signed by the company and Azerbaijan Railways for supply of 50 locomotives, including Prima M4 AZ4A passenger locomotives.

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