"Eurofima" approved loan of 28.3m EUR to "Serbian Railways"

- International railway bank "Eurofima" has approved the loan of 43m CHF (28.3m EUR) to "Serbian Railways" for purchase of new diesel-motor trains - that public company announced today (July 15, 2009).

According to the announcement, exact number of compositions with diesel engines that will be procured from the loan will be known after the tender is closed, but people in "Serbian Railways" estimate that 10 trains can be bought for that money.

Preparation of the tender dossier has already started, and the tender may be closed by the end of year 2009.

- That means that, according to the estimates, 10 new diesel-motor compositions should appear on Serbian railways at the end of year 2010 or in mid-2011 at the latest - said the people in "Serbian Railways".

"Serbian Railways" asked "Eurofima" for total of 60m CHF, and if the remaining 17m CHF are approved, another four trains will be purchased.