Trains.com

WABTEC in discussions to sell 40 locomotives to Ukraine

3820 views
1 replies
1 rating 2 rating 3 rating 4 rating 5 rating
  • Member since
    September 2003
  • 21,669 posts
WABTEC in discussions to sell 40 locomotives to Ukraine
Posted by Overmod on Thursday, April 11, 2024 3:39 PM

No hard arrangements before the end of the year.  Financing to be arranged through the ExImBank, which (somewhat incredibly to me) does not consider the 'special military operation' ti oise a rust that would exaggerate the finance terms.

Some detail here, if you can read or translate Cyrillic:

https://finance.liga.net/ua/bank/novosti/ukraina-povernulasia-do-idei-prydbaty-v-ssha-40-lokomotyvivi

In part:

  • The first stage of the deal involves the delivery of 30 TE33A Evolution freight locomotives manufactured in the United States and the localization of a certain part of production (10% of the final transaction value) in Ukraine.  WABTEC will use the Ukrainian signal and radio system and certain cabin elements at this stage.
  • The cost of locomotives is US$4.68 million (including VAT) each. The contract amount [of the first batch of 30, according to Ekonomichna Pravda] is US$140 million with VAT.  (Extrapolation to 40 locomotives would be relatively straightforward).
  • Apparently only about 5.3% of operating entity Ukrzaliznytsia's locomotives are less than 25 years old.
  • Member since
    December 2001
  • 1,190 posts
Posted by mvlandsw on Saturday, April 20, 2024 6:20 PM

If Russia over comes Ukraine this could produce another batch of orphan locomotives like the Little Joe's.

Join our Community!

Our community is FREE to join. To participate you must either login or register for an account.

Search the Community

Newsletter Sign-Up

By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our privacy policy