Končar Group to deliver 12 trains
Electric Vehicles Inc. and Croatian Railways have signed the 3rd Addendum to the Contract on the purchase and sale for electric trains.
Image for illustration purposes
Croatia: Electric Vehicles Inc. and Croatian Railways – Passenger Transport Ltd. (HŽ PP), have signed the 3rd Addendum to the Contract on the purchase and sale for 32 electric trains for commuter and urban-suburban transport.
The Addendum regulates the second phase of the Contract with a delivery of 12 trains.
The production of 11 new trains will be financed through a loan from EUROFIMA – the European Railway Vehicle Financing Company, and one will be financed through a loan of the International Bank for Reconstruction and Development.
Several KONČAR Group’s companies will be involved in the delivery of the Contract.
Končar’s train is a state-of-the-art high-tech product fully developed and manufactured at KONČAR, aligned with advanced European and global standards. Application of cutting-edge technology, circuits and equipment ensure high-level reliability during intensive life-cycle in a variety if weather conditions.
Source: Končar