Locomotives produced jointly with General Electric to be put into operation this autumn, says Prime Minister
Information and Communication Department of the Secretariat of the CMU, posted 08 August 2018 09:03

Ukraine is keen on putting into operation the first locomotives, which will be constructed and equipped for Ukraine under the agreement with U.S. multinational conglomerate General Electric. This was stated by Prime Minister of Ukraine Volodymyr Groysman.

"In the fall we will receive the new rolling stock - according to plans  of joint production with General Electric. We have lost a lot (rolling stock) in the occupied territories. But the company is operating and we are moving forward", the Prime Minister stressed.

The Head of Government placed a special emphasis on the fact that in parallel with retrofitting of company’s  feet, the process of updating of the management of the Ukrzaliznytsia as well as eradication of  shadow schemes are underway.

 "The company  is a billionaire.  We embark on eliminating the system that generated corruption at the company and we will bring it out of crisis", the Prime Minister claimed.

Background

In February 2018, General Electric and PJSC Ukrzaliznytsia have signed a 15-year agreement worth about $1 billion. This deal gave a green light to the launch of  a qualitatively new stage in the development of Ukraine's transport system, which will promote the attraction of new technologies, the creation of new jobs and the development of the country’s  export potential.

Commenting on the agreements, the Prime Minister stressed that the negotiations with GE lasted only five months and led to the signing of the significant deal and he added that the Government  always stands ready to support innovative investments in order to create high added value  products and new jobs in Ukraine.

According to PJSC "Ukrzaliznytsya", the first  Evolution Series Locomotive  from General Electric will be shipped to Kryukov railway car plant in August, where it will be equipped additionally. The delivery of the 30 locomotives will be the first step for further partnership between Ukraine and General Electric.