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TransWagon wins 50M leva deal from ArcelorMittal

Mon, May 12 2008 20:53 CET byElena Koinova 70 Views

Bourgas-based rail car producer TransWagon Holding won a 50 million leva deal from ArcelorMittal, the world's biggest steel maker, Dnevnik daily reported on May 12.

Under the terms of the contract, TransWagon will build 540 noise-free and extra-long cargo platforms over the next two years and a half. The platforms are 25m long, with a cargo capacity of 62 tons and will be used by Luxembourg railways.

The enterprise currently builds three other models of cars for the German railways - Edos, Falns and Ref.

TransWagon specialises in making cargo cars, platforms and specialised cargo cars, which allow mechanized load and unload.

The company was privatised in 1999 and since then has seen investments worth five million euro. Its cargo cars and spare parts are Germany, Austria, Poland, the Czech Republic, Slovakia, Hungary, Romania, Spain, Greece, Syria and Venezuela, according to its website.

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