OREANDA-NEWS. The company Newag S. A. (Poland) together with Skinest Rail Ukraina (Ukraine) and Daugavpils Lokomotivju Remonta Rupnica (Latvia) will conduct the modernization of M62 locomotives for the Ukranian motive power market.
The company Newag S. A. is a  leader in the modernization and production of diesel and electric locomotives in Poland. Among the products of the manufacturer with 140 years of traditions, are passenger vehicles, diesel and electric trains, as well as trams and modernized passenger carriages.

The Skinest Rail Ukraina company is a part of the international Skinest Rail concern, which offers comprehensive railway solutions on the market for more than 20 years, including wide experience in repairing of motive power and trucking industry. The Skinest Rail Ukraina company is ready to offer locomotives for the Ukrainian railway market.

The above mentioned companies overall implementation of the project, which total turnover is planned about EUR 20 million, will begin in 2016 Year. After a formation of the contract we will inform you about cash flow schedule and JSC Daugavpils Lokomot?vju Remonta R?pn?cacontract part.

The modernization project of the reliable M62 cargo-and-passenger locomotives for the Ukranian motive powermarket is planned to implement with the polish fund financing with export support with the participation of commercial banks.