South Korean rolling stock manufacturer Hyundai Rotem has signed a maintenance contract extension with the Ukraine Railway Speed Company (URSC).
The contract covers 90 trains and is valued at 64.8 billion won (around €50 million). It is a five-year extension of a deal signed in 2012, beginning in 2022 and running through to 2027.
The maintenance deal comprises of systematic maintenance work, unexpected breakdowns and emergency situations with a 24-hour maintenance and repair emergency response system in Ukraine.
A spokesperson for Hyundai Rotem: “We have been able to win additional maintenance contracts as a result of satisfaction with quality and reliability, and we will do our best to strengthen competitiveness in maintenance business.”