Flush with $500 million raised two weeks ago in Eurobonds, Ukrainian Railways is stepping up talks with three foreign manufacturers to buy 200 new electric locomotives by 2025.

Flush with $500 million raised two weeks ago in Eurobonds, Ukrainian Railways is stepping up talks with three foreign manufacturers to buy 200 new electric locomotives by 2025. Contenders are France’s Alstom, China’s CRRC and Canada’s Bombardier, Anton Sabolevsky, director of strategic development, tells Magistral, the state company’s inhouse publication. The three companies already make locomotives sized to run on Ukraine’s Soviet-era 1520 mm track gauge.