Railway transport of Montenegro to purchase three trains worth €13m

Foto: Bankar.me

The Railway Transport of Montenegro (ŽPCG) this year plans to carry out a procedure of public procurement in order to purchase three new electric motor trains worth €13m, according to executive director of ŽPCG, Predrag Popović.

“Procurement of trains is to be funded by the Instrument for pre-accession Assistance (IPA), loan provided by KFV Development Bank and assistance of the Government of Montenegro. Trains will be used for local transport and we expect to have them next year,” Popović told Pobjeda.

In 2013, ŽPCG purchased three electric motor trains of the Spanish manufacturer Construcciones y Auxiliar de Ferrocarriles (CAF) worth €13,05m. The European Bank for Reconstruction and Development (EBRD) granted loan for their purchase.

“Taking into account achieved positive results in the 4th quarter of 2017, as well as funds provided by the budget revision, there were reasonable grounds for expecting good results in 2017 even though we still remain in the negative zone,” stated Popović. He also announced austerity measures, which would reflect in staff rationalization, implementation of new organizational scheme, new act on systematization and company level agreement.

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