Possible delivery next year
Administration of Latvian Rail Company Pasažieru Vilciens, PV, is planning to acquire new electric trains by using advantages of global economy, sphere of finances and currency fluctuations to the maximum extent.
However, the administration refuses to name any specific terms for the announcement of the procurement project, as it is difficult to predict the best moment, told the company’s CEO Andris Lubans.
PV has defined necessities for electric trains. Possible changes in development of infrastructure have also been taken into account: both the electrification plans and the planned width of rails for Rail Baltica project and connectivity with Riga International Airport.
- We are ready to start. We currently wait for the appropriate moment. We also carefully follow currency fluctuations. For example, rise of Swiss franc definitely affects one or another manufacturer. The weakness of the Russian currency definitely affects manufacturers, costs and value of trains, explains Lubans.
Uncertainty in economy also affects supplies of trains to other clients. PV will look for the best moment to start.
Source: Latvian Railway Company
Latvian Railway Company
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