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General Electric can start production of locomotives and spare parts in Ukraine
15:21, 17 September 2017
General Electric can start production of locomotives and spare parts in Ukraine

Negotiations with General Electric about the provision of 30 locomotives on leasing terms to Ukrzaliznytsia are ongoing

15:21, 17 September 2017

Open source

General Electric company can implement projects on producing locomotives in Ukraine, said Transport and Infrastructure Minister Volodymyr Omelyan at a meeting with journalists, reports the correspondent of 112.ua.

"Negotiations with General Electric are under way, projects with localization of production in Ukraine are being considered. I would like to see that we not only built locomotives for Ukraine, but produce spare parts for locomotives of General Electric for other countries of the world. This will be a proper hedging of risks", the minister said.

He did not specify at which enterprise the project could be implemented. "Tthe company will decide for itself whether it will be a Kryukov plant or will it cooperate with Ukrzaliznytsia  companies," the minister said.

He also said that negotiations with General Electric about the provision of 30 locomotives on leasing terms to Ukrzaliznytsia are ongoing.

"Now many companies are also ready to build open wagons and grain trucks, but since they understand that UZ has a complete monopoly on locomotives, there is a risk that they will stand at the station," Omelyan said.

According to him, Ukrzaliznytsya should become just a transport company that provides transportation services.

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