Newag sells 10 electric locomotives to Cargounit for PLN 184 mln

Newag has signed a contract worth PLN 183.9 million net with Cargounit for the delivery of 10 six-axle electric locomotives with diesel auxiliary modules, along with additional services. The agreement includes an option for the buyer to order 20 more locomotives by December 31, 2028. The initial locomotives will be delivered within 22 to 26.5 months from the contract date.

Including the optional purchase, the total estimated contract value reaches PLN 551.7 million net. Newag, a rail equipment producer, entered the Warsaw Stock Exchange in 2013 and is part of the sWIG80 index. Consolidated sales revenue reached PLN 964 million in 2022.

Source: inwestycje.pl/biznes