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...

Locked content Newag lands PLN 35 mln deal

Newag has signed an annex to a contract with Zachod­nio­po­mor­skie Pro­vince and Lubuskie Province  (Zachodnia Grupa Zakupova venture) for the pro­cu­re­ment of two addi­tio­nal Elec­tric Mul­ti­ple Units from the IMPULS 31 WE range. They are sti­pu­la­ted as an option under the ori­gi­nal deal sig...

Locked content Newag to sell trains to Bulgarian metro

A consortium comprising Newag, Siemens A.G. and Siemens EOOD has won a tender to expand the  metro in Sophia, Bulgaria. The total offer stands at over PLN 600 million with Nowy Sącz-based Newag receiving some PLN 160 million. The consortium will deliver 20 vehicles, with an option of an additional 1...

Locked content Newag with PLN 78 mln contract

Rolling stock producer Newag will deliver five electric multiple units (EMU) to Koleje Dolnośląskie. The total value of the contract stands at PLN 78 million, the company informed in a statement. The delivery is due November 16, 2015. Newag is a Polish company, based in Nowy Sącz, specialising in th...