WABTEC in discussions to sell 40 locomotives to Ukraine

[mvlandsw]

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

[Overmod]

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.