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, based in Nowy Sącz, specialising in the production, maintenance, and modernisation of railway rolling stock.