"Serbian Railways" Management Board decided to lease 10 new multi-system electric locomotives, with the ransom option.

Approximate ransom value for these locomotives, excluding taxes, is 5,6 million Euros.

Provision of the locomotives represents one of the most important investments for Serbian Railways, trying to maintain the position on international transport market.
These locomotives could be used on Serbian rails and outside of our Republic as well. All predefined technical conditions have to be fulfilled, regarding railway infrastructure and electric traction of passenger and freight cars, on the entire length of Corridor 10 and all of its branches.

Funds for the leasing of these locomotives are predefined by the Business Plan of Serbian Railways for 2006.

"Serbian Railways" nominated the project for the provision of multi-system locomotives for the financing from republic Investment Program, announced last month by Serbian Government. After the finalization of the project, there would be twenty of these locomotives on Serbian rails.

That will significantly settle the lack of traction units on Serbian railways, especially electric locomotives.