Business news from Ukraine

LAUNCH OF ALSTOM ELECTRIC LOCOMOTIVE PROJECT IN UKRAINE TO CREATE OVER 7,000 JOBS

The launch of a project for the supply of electric locomotives to Ukraine can create more than 7,000 jobs in the country in the long term, the French concern Alstom has said.
“The creation of new jobs will be one of the main positive consequences of the contract, which will be signed in the near future. According to our estimates, more than 7,000 jobs will be created or retained in Ukraine thanks to the electric locomotive business in the long term,” the company told Interfax -Ukraine.
Asked about the delivery times and conditions of locomotive maintenance, Alstom said that this issue is currently being resolved with customers and cannot yet be brought up for discussion.
According to representatives of Alstom, the company is looking for local clients in Ukraine, including among private businesses.

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FIRST GENERAL ELECTRIC LOCOMOTIVE ARRIVES TO UKRAINE

The first General Electric Trident (Tryzub) locomotive has arrived in Chornomorsk (Odesa region), the press service of PJSC Ukrzaliznytsia has said. “We welcome the Trident locomotive in Ukraine! The first locomotive of General Electric arrived in the port of Chornomorsk. Now we will load the locomotive on rails,” Ukrzaliznytsia said on Facebook. As reported, in the beginning of August General Electric Transportation sent the first of 30 GE TE33AC locomotives to Ukraine.
The framework agreement between Ukrzaliznytsia and GE envisages a 15-year partnership in updating and modernizing traction rolling stock, the first stage of which is the delivery to Ukrzaliznytsia under the terms of leasing of 30 new GE TE33AC diesel locomotives with a localization level of 10%.
GE Transportation and Kriukov Car Building Works in early June signed an agreement on the localization of production of 30 TE33A Evolution series locomotives. It was assumed that Ukrzaliznytsia will receive the first locomotives in late 2018.