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KONCAR'S SUCCESSFUL VENTURES WITH CROATIAN, MACEDONIAN RAILWAYS

ZAGREB, Dec 19 (Hina) - The Koncar corporation's company which manufactures electric locomotives on Wednesday delivered three locomotives to Macedonian Railways and three of 12 modernised ones to Croatian Railways (HZ). The EUR3.6 million contract with Macedonian Railways is financed through loans of EUROFIMA, an organisation formed by several European railways to develop railroad cars, while a European Bank for Reconstruction and Development loan finances the EUR9.5 million contract with HZ. Also today, KZ and Koncar's Power and Transport Engineering signed five contracts for the renovation and construction of new power units at the HZ. These contracts will keep Koncar busy by next June. The corporation also plans on tendering for some 50 locomotives of various rail companies in South Eastern Europe, which will keep the corporation busy for the next 30 months.(hina) ha sb
ZAGREB, Dec 19 (Hina) - The Koncar corporation's company which manufactures electric locomotives on Wednesday delivered three locomotives to Macedonian Railways and three of 12 modernised ones to Croatian Railways (HZ). The EUR3.6 million contract with Macedonian Railways is financed through loans of EUROFIMA, an organisation formed by several European railways to develop railroad cars, while a European Bank for Reconstruction and Development loan finances the EUR9.5 million contract with HZ. Also today, KZ and Koncar's Power and Transport Engineering signed five contracts for the renovation and construction of new power units at the HZ. These contracts will keep Koncar busy by next June. The corporation also plans on tendering for some 50 locomotives of various rail companies in South Eastern Europe, which will keep the corporation busy for the next 30 months. (hina) ha sb

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