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

MOSCOW. Nov 17 (Interfax) - 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.

"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 Vladimir Zelensky in Paris on Monday.

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