JSC Serbian Railways

SER

Signed contracts for faster railway development

General Manager of PE “Serbian Railways” Milanko Šarančić has signed today contracts with multinational company “IRS””for supply of 750 freight wagons whereof value exceeds EUR 56 million.
According to Šarančić, proceeds for this large work were on an international tender obtained by one of the largest companies specialized for manufacturing of railway freight wagons.

“These proceeds were, with the guarantee of Serbian Government, provided from an extremely advantageous credit line of the European Bank for Reconstructionand Development and this year already we will renew and modernize freight wagon fleet intended for international and domestic transport”, said Šarančić and emphasized that contractual agreement implies for the delivery of first freight wagons to start within 2 to 3 months and for all other wagons to be delivered within 9 months.

General Manager has also signed today the contract with German company Hegenscheidt for supply and installation of modern underfloor wheel lathe for locomotives and wagons of Serbian Railways.
As Sarancic says, the lathe shall be mounted in Makis marshalling yard, and value of the lathe, hall and equipment amounts to approximately two million euros.

“Deadline for supply and installation of the lathe is 12 months”, said Šarančić.

The president of IRS Company Cristian Burci stated that the first supply to Serbian Railways, out of total of 750 wagons, shall be performed already this April, and promised that deadlines specified in the Contract shall be fully respected.

“I hope that this is only the beginning of long-term cooperation between our company, which is the world-wide leading manufacturer of railway wagons, and Serbian Railways”, emphasized Burci.
Hegenscheidt Sales Manager Jürgen Engels said that his company had a long-lasting cooperation with Serbian Railways, and that on this tender they had offered state-of-the-art wheel-lathes for locomotives and wagons whereof demand is very high worldwide.