Newag has concluded a contract with the Pomeranian Voivodeship for the supply of one electric traction unit (EMU) with additional benefits for PLN 28.3 million net, the company announced. The contract provides for the right to order up to nine additional EMUs; if the option is exercised, the total value of the contract will be PLN 281.2 million net.
“The EMU will be delivered within 14 months from the date of conclusion of the contract. Deliveries of EMU covered by the option will be completed within 19 months from the date of receipt by the company of the written statement of the ordering party on exercising the option right. The Employer plans to notify the contractor of exercising the option right no later than by May 31, 2024.
The Newag capital group deals with the production, modernization and repair of rolling stock and rails. Newag debuted on the Warsaw Stock Exchange in 2013; is included in the sWIG80 index. Consolidated sales revenues reached PLN 964 million in 2022.