Opening up a $1 billion opportunity for foreign rail equipment manufacturers,

Opening up a $1 billion opportunity for foreign rail equipment manufacturers, Yevhen Kravtsov, chairman of Ukrzaliznytsia, told the Cabinet of Ministers Thursday that the state railroad will focus this year on the “renewal of electric locomotives.” Already, France’s Alstom, Germany’s Siemens, Canada’s Bombardier, China’s CRC and Czech’s Škoda are talking to UZ about building electric locomotives in Ukraine. About two thirds of the railroad’s 2,700 locomotives are electric.