Locked content Newag gets another big contract to supply trains

Rolling stock and train manufacturer Newag entered into an agreement with Lower Silesia Railways to supply several electrical support units for public trams and trains, with a value amounting to PLN 216.7 million net, the company said in a press release on Friday. “The subject of the contract is the...

Locked content 2017 looking better for production and sales – Newag Chairman

Train manufacturer Newag said that although 2016 had been a “weak” year for sales of its stock on the domestic market, he expected the situation in the industry to improve over the next several years, a report in the Polish press said on Thursday morning. The company stated that the value of its ten...

Locked content Newag debuts new trains in Kraków region

Newag has produced a fleet of new commuter trains to be used in southeast Poland, news website WP Money reported on Monday. “The new rolling stock meets the stringent European standards and is adapted to people with disabilities,” the company’s CEO, Zbigniew Konieczek, said during a presentati...

Locked content Newag posts PLN 220 mln sales in H1

Rolling stock producer Newag recorded PLN 219.07 million in consolidated sales in H1 2016, compared to PLN 411.32 million in the corresponding period last year, the company said. Consolidated net loss amounted to PLN 4.02 million, versus a net profit of PLN 6.86 million in H1 2015. EBITDA fell by 69...

Locked content Newag to get PLN 170 mln credit line from BZ WBK

Rolling stock producer Newag has made a deal with Polish commercial lender Bank Zachodni WBK in terms of receiving a credit line of up to PLN 170 million. According to the agreement, Bank WBK will provide Newag with an overdraft facility and term loan  for up to PLN 170 million in total. “The ...

Locked content Newag to supply Małopolskie Voivodship with trains for PLN 374 mln

Rolling stock producer Newag has signed a PLN 374 million gross contract (PLN 227 million net) with the Board of Małopolskie Voivodship with regard to supplying the region with 12 electric trains. The agreement assumes that Newag will provide six ‘Impuls’ trains by the end of November 20...

Locked content Newag sales revenue reaches PLN 1.03 bln

Rolling stock producer Newag reported a record level of sales revenue – PLN 1.03 billion (in 2015). Consolidated net profit amounted to PLN 65 million and EBITDA equaled PLN 113 million in 2015. The company’s overall size of balance sheets reached PLN 920 million. Newag is a Polish company, ba...

Locked content Newag lands deal with Koleje Mazowieckie

Newag has won a tender to supply trains to state-run Koleje Mazowieckie, the Polish Press Agency (PAP) reported. Pesa was also one of the bidders, but a court ruled that its offer was too cheap (PLN 292.5 million). Newag’s bid was PLN 374 million. As a consequence, Newag will deliver 12 trains...

Locked content Newag delivers trains to Italy

Newag has delivered the first trains manufactured for Sicily-based FerroviaCircumetnea (FCE) in line with the deal worth €14.76, which was signed in December 2013, the company reported. The contract for four trains was signed at the Ministry of Infrastructure and Transport in Rome and represents New...

Locked content Newag to deliver diesel locomotives to Ukraine

Newag and Ski­nest Ukra­ine have signed a fra­me­work agre­ement to coope­ra­te in moder­ni­zing die­sel loco­mo­ti­ves, the company reported. For the pur­pose of this pro­ject and to cater for the con­trac­ting authority’s spe­ci­fic needs, Newag has desi­gned a brand-new loco­mo­tive, a press rele...