France's Alstom, Ukrainian Railways sign contract to deliver 55 electric locomotives to Ukraine

France's Alstom and Ukrainian Railways (Ukrzaliznytsia) have signed a 475-million-euro contract on delivering 55 electric locomotives to Ukraine, French President Emmanuel Macron said, Report informs via Interfax.

"I welcome the signing of a contract between Alstom and Ukrainian Railways for the delivery of 55 electric locomotives to Ukraine, valued at 475 million euros, with financing from the World Bank and the [International Bank for Reconstruction and Development] IBRD," Ukrainian media quoted Macron as saying at a joint press conference with Ukrainian President Volodymyr Zelenskyy in Paris on Monday.

These locomotives, which will be manufactured in Belfort, act as another specific manifestation of the two countries' long-term economic and strategic partnership, Macron said.