The EBRD has signed a $150 million long term loan agreement with Ukrzaliznytsya to allow the state railroad to buy up to 6,500 gondola freight cars
Monday, November 12, 2018

The EBRD has signed a $150 million long term loan agreement with Ukrzaliznytsya to allow the state railroad to buy up to 6,500 gondola freight cars

The EBRD has signed a $150 million long term loan agreement with Ukrzaliznytsya to allow the state railroad to buy up to 6,500 gondola freight cars for moving bulk cargo, typically grain. An international tender for a first group of cars is out and first deliveries may be made next month, Yevhen Kravtsov, acting board chair of the railroad, writes on Facebook. The cars are to go to a UZ subsidiary company which will put them up for rent, establishing a rate for freight cars.

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