Business news from Ukraine

UKRZALIZNYTSIA, GENERAL ELECTRIC TO ANNOUNCE TENDER TO SERVICE LOCOMOTIVES

Public joint-stock company Ukrzaliznytsia and General Electric plan to announce an official tender to service locomotives under the cooperation contract.
According to a posting on the website of the Ukrainian company, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov at a meeting with President and CEO General Electric Transportation Rafael Santana on Thursday discussed some urgent issues of cooperation in upgrade and modernization of the locomotive fleet of Ukrzaliznytsia under the partnership contract signed early this year.
Ukrzaliznytsia and General Electric are preparing for the announcement of an official tender to service TE33A Evolution Series locomotives that will be delivered to Ukrzaliznytsia under the cooperation contract, the company said.
Ukrzaliznytsia also said that during the negotiations General Electric presented options for financing of next phases for the successful implementation of the long-term cooperation contract.

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GE JOINTLY WITH KRIUKOV CAR BUILDING WORKS TO SUPPLY 30 LOCOMOTIVES TO UKRAINIAN RAILWAYS

General Electric Transportation with 10% participation of Kriukov Car Building Works (KCBW) at the end of 2018 will start delivering 30 TE33A locomotives of Evolution series to Ukrzaliznytsia in line with the earlier approved program of localization of locomotive production in Ukraine, acting Ukrzaliznytsia Board Chairman Yevhen Kravtsov wrote on his Facebook page on Tuesday. “Ukrzaliznytsia jointly with GE Transportation gives green light to the program of localization of locomotive production in Ukraine. Personally for me this is a large victory and the landmark for Ukrainian railways and the entire sector. Localization at the initial stages was the key principal moment during the negotiations with GE. I can say that neither in India nor in Kazakhstan the similar contract does not envisages the localization from the first sample. First TE33A locomotives of the Evolution series will be made with participation of KCBW,” he said.
Kravtsov said that for the first locomotives the Ukrainian contract provides for 10% of localization. Later the locomotives will be consisted of at least 40% of Ukrainian spare parts.
“Now General Electric is selecting the production facilities among Ukrainian enterprises. We also plan to create a center for servicing and modernizing the operating locomotive fleet,” Kravtsov wrote.
He said that a batch of locomotives, which General Electric will deliver in cooperation with KCBW is the largest one during Ukraine’s independence. “The final stage of locomotive production for Ukrzaliznytsia has started in Pennsylvania. At the end of 2018 we would receive first diesel locomotives adapted to our climate, environment-friendly, effective in servicing, comfortable and safe for locomotive crews,” Kravtsov said.

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