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KONCAR SIGNS DEAL WITH SERBIAN COMPANY TO MODERNISE LOCOMOTIVES

ZAGREB, Sept 9 (Hina) - Croatia's Koncar Electric Locomotives has signed a EUR25 million agreement with Serbia's Public Railway Transport Company Belgrade to modernise 38 electric locomotives, the Croatian company reported on Tuesday.
ZAGREB, Sept 9 (Hina) - Croatia's Koncar Electric Locomotives has signed a EUR25 million agreement with Serbia's Public Railway Transport Company Belgrade to modernise 38 electric locomotives, the Croatian company reported on Tuesday. #L# The deal was won at an international tender and will be financed by a loan which the Belgrade company has received from the European Bank for Reconstruction and Development. Koncar is to complete the job within 30 months in cooperation with two Serbian companies, MIN from Nis and Minel from Belgrade. (hina) vm

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