Luganskteplovoz To Deliver 20 Diesel Locomotives To Russia In 1Q06.
2 February 2008
The cost of the deal has not been disclosed. The order comes just right after Ukrzaliznytsa’s announcement that it was buying 22 electric trains from Luganskteplovoz (LTPL) for USD 137 mln – double the company’s projected sales in 2005. The State Property Fund recently announced its intention to sell a 76% stake in Luganskteplovoz for USD 490 mln.
