5.7 C
Bucharest
February 28, 2021
BUSINESS

Grampet Group to produce locomotives and passenger trains

Romanian privately owned Grampet Group, specialising in rail activities, will launch in October the production of a locomotive IN Craiova and will begin to assemble a passenger train in Pascani in November, the representatives of the group controlled by businessman Gruia Stoica inform.
The Reloc and Electroputere VFU Craiova companies, part of Grampet, will launch next month, in the framework of a partnership with us Caterpillar group, the production of a cargo train locomotive. The project requires an investment of over EUR 1.5 M in design, testing, trials and certification. The ‘Terra Nova’ locomotive was unveiled at the international transport technology trade fair InnoTrans that took place in Berlin, on September 23-26.
The unit is equipped with two 630 HP engines supplied by Caterpillar and has a price starting from over EUR 1 M in the basic version, Grampet Vice-President Gratian Calin said in Berlin.  ‘This is a locomotive that sells itself and we don’t need special marketing. It’s a compromise for private operators – especially low-cost – in Europe, who think to buy a used locomotive and who can get a new one for the same price instead’, said the Grampet official.
The ‘Terra Nova’ production capacity is three units per month. So far, 12 units have been ordered and will be delivered next year to two operators in the European Union.
The Craiova-based producer is also having talks for the sale of locomotives with other potential clients, including companies in Africa, Calin said.
‘I hail the fact that the relevant industry in Romania is coming back in force on a very demanding market. We need to make an effort to help Romania reborn, come back, be reindustrialise itself and the steps that have been made at Craiova are an example of what should be done from now on’, Romania’s Ambassador to Germany, Lazar Comanescu, said at InnoTrans.
VFU Craiova also intends to launch into production an electro-diesel locomotive, still in partnership with Caterpillar, the designating of which will begin next year.
‘We want to operate three manufacturing lines in the near future: the manoeuvre locomotive that we make right now, a diesel-electric locomotive and an electric power-recovery bi-system locomotive. The total investment in all three production lines will amount to a minimum of EUR 10 M.  On the other hand, the Grampet group wants to launch in Pascani, in November, the production of a passenger train. The investment required for implementing the project via the Electroputere VFU Pascani subsidiary is EUR 36 M, Calin notes.
Grampet Group is the largest private rail freight and logistics holding, not just in Romania, but in the entire Central and Southeastern Europe, and one of the biggest rail freight operators in Europe.

Related posts

ECB hikes reference rate to 1.50 pc, as expected

Nine O' Clock

S&P: Erste’s rating will not be affected by the purchase of a 24 pc stake in BCR

Some 6.6 mln tourists recorded in relevant accommodation structures

Nine O' Clock