The consortium with Newag has a contract for the delivery of 8 vehicles to Bulgaria for approx. PLN 304.97 million

A consortium called Simetro, formed by Newag, Siemens Mobility Austria GmbH and Siemens Mobility EOOD, has entered into an agreement with the Bulgarian Metropolitan EAD, Newag reported. The scope of the subject of the contract includes the delivery of 8 three-unit metro vehicles, training and delivery of instrumentation. The total value of the entire subject of the contract is BGN 134.55 million (approx. PLN 304.97 million) net, with the estimated value of works attributable to the company amounting to BGN 49.56 million (approx. PLN 112.33 million) net. The scope of work attributable to Newag includes the design and assembly of vehicles at the company’s plant, delivery to the customer and maintenance services during the warranty period.

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.

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