Business news from Ukraine

U.S. GREENBRIER WANTS TO ORDER ABOUT 10,000 WAGONS IN UKRAINE WITH MAXIMUM LOCALIZATION OF PRODUCTION

8 September , 2017  

KYIV. Sep 8 (Interfax-Ukraine) – U.S.-based Greenbrier is interested in cooperation with the state-run Ukrainian railway operator, Ukrzaliznytsia, and is considering the possibility of building about 10,000 wagons in Ukraine with maximum localization of production.
This was discussed at a meeting of Ukraine’s Infrastructure Ministry and Ukrzaliznytsia with representatives of Greenbrier in Kyiv on September 5.
Infrastructure Minister Volodymyr Omelyan noted that the arrival of strategic investors in Ukraine means a new quality of transport infrastructure and economic development, while his deputy Nadiya Kaznacheeva added that Greenbrier’s entry into the Ukrainian market can be an important step for the development of rail transportation, and is also a powerful signal for other foreign investors.
In continuation of the negotiations, the parties agreed to move to more practical cooperation, namely, the development of a potential model of cooperation with the participation of Greenbrier, Ukrzaliznytsia and international financial institutions.
It was reported earlier that PJSC Ukrzaliznytsia intends to create a leasing company in conjunction with Amsted Rail and The Greenbrier Companies.
Greenbrier, in particular, develops, builds and sells freight cars in North America and Europe.