Profil:
Unimot SAOlavion fuels orders another 12 locomotives for PLN 224.6 mln from Newag rolling stock maker
Olavion, part of the listed fuels distributor Unimot group, has exercised its right of option to order an additional twelve locomotives in an order from listed rolling stock producer Newag, amounting to PLN 224.6 million (EUR 52.7 mln) net, Newag said in a market filing
As a result of the exercise of the option right, the estimated value of the agreement concluded on June 13, 2023, has been increased to PLN 368.8 million (EUR 86.5 mln) net.
The deliveries of locomotives covered by the option will be made between 2026 and 2029.
mcb/ ao/