Newag has framework agreement worth PLN 1.13 bln net for electric trains

Newag has signed a framework agreement with the Małopolskie Voivodeship and Małopolskie Railways for the supply of electric traction units worth up to PLN 1.13 billion net.
Under this framework agreement, the client can place one or multiple orders totaling up to PLN 1,131 bln net. This maximum value allows the client to order up to 25 vehicles, including maintenance and additional services.
The agreement is valid for 4 years, with the expectation that within 12 months from the contract's start, the client will order between 6 and 14 vehicles.