Ukraine. Ukrzaliznytsya prepared to spend UAH 1.8 Bl on new diesel locomotives

The company’s financial plan envisages UAH 1.8 Bl worth of funding for the purchase of diesel locomotives. Reportedly, Ukrzaliznytsya (Ukrainian Railways Company) intends to buy the locomotives for borrowed money. The company is going to use loans for replacing electric trains, but it has not disclosed the amount to be spent for this purpose, reports UkrAgroConsult.

Previously, Ukrzaliznytsya planned to buy 40 General Electric locomotives in 2020, though the projected UAH 1.8 Bl could be enough to purchase just 15 ones.

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