Skoda GroupCzech railway manufacturer, has just won a mega-contract in Bulgaria of 500 million euros amid rumors of a possible fusion with spanish Talgo. Thus, the company will have to supply 25 electric trains, as indicated by a release published this Wednesday.
The Czech company is thus strengthening its position on the European continent after proposing a business merger to Talgo, a proposal that the Spanish company has rejected twice, but which could return after the Government vetoes Hungarian takeover bid.
As OKDIARIO announced, the merger project with Talgo launched by Skoda Transport was created by him Government Spaniards may veto Hungarian group’s takeover bid Ganz Mavag (Magyar Vagon), as confirmed by several sources close to the case.
Skoda and Talgo
However, the executive of Pedro Sanchez needs your participation Criteria (the holding company The Box) in order to justify its support for the Czech option and its veto of the Hungarian offer.
“It’s another one mess de Sánchez and company. His intention is to veto the Hungarian takeover bid in the Council of Ministers and to implement this alternative operationwhat people don’t like at all shareholders because he will have little prime and the payment will be in shares, not in cash,” one of the sources explained.
The basic contract covers the supply of 20 electric units for four cars based on the RegioPanter model and includes the provision of a full maintenance service for 15 years, including in the contract an option to extend by five additional units.
“Winning this contract confirms the international competitiveness of our products and strengthens our position in the modernization of European rail transport. “Bulgaria joins the list of countries where our trains improve the attractiveness and accessibility of train travel,” defended the CEO and President of the Skoda Group, Petr Novotny.
Skoda’s electric units reach a maximum speed of 160 kilometers per hour and are ready to operate on 25 kV AC 50 Hz electrified lines. The trains will have low-floor sections to ensure accessibility for all passengers, as well as multifunctional areas for people with disabilities, strollers or bicycles.
