Garanti Bank supports local businesses and modernization of the domestic rail transportations system. New loan granted to Softronic to finance Hyperion 3, the most modern railway transportation means in Romania

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Garanti Bank, one of the most dynamic banks on the local market, granted a RON 14 million loan to Softronic, the only manufacturer of Electric Multiple Unit trains and electric locomotives in Southeastern Europe, for the production of Hyperion 3, the most modern means of rail transportation in Romania. The new train will be launched  in the second half of 2018.

Hyperion is the first electrical multiple unit train in Romania and is recommended for Regio, Interregio or Intercity transport. Hyperion 3 will be the third Hyperion model, the first having been launched in 2014, when Garanti Bank bank granted a RON 20 million loan to Softronic for its manufacturing.

“We are proud to once again join forces with Softronic for the manufacture of this state of the art train. Garanti Bank is a strong supporter of the Romanian business environment and of ambitious and innovative projects, such as Hyperion 3, that contribute to the sustainable development of the local economy. We are very active on the corporate segment, which is a strong business line for us, mainly due to our success in  establishing longstanding relationships with our clients. We will maintain our momentum in this regard, as well as our long-term commitment to our clients, in 2018, as well as in the years to come”, stated Cagri Memisoglu, Deputy General Manager, Garanti Bank.

Hyperion is powered by the 25 kVca grid and has four asynchronous 430 kW motors. When braked, Hyperion recovers energy and delivers half the consumption of a classic train with locomotives and wagons. The train can reach a maximum speed of 160 km/h and includes state-of-the-art railway equipment, produced by companies such as ABB, Knorr Bremse, Lucchini, Voight, Ultimate, etc., which are recognized in the industry for their performance and product quality.

The new Hyperion 3 train will bring several new updates that will significantly improve travelers’ experience, and will ensure their utmost safety and security.