Metrorex plans to pay EUR 440 mln for new trains on Bucharest's 5th metro line

Bucharest metro operator Metrorex wants to buy a maximum of 51 new trains for the fifth line Drumul Taberei-Pantelimon under a framework agreement with an estimated value of up to RON 1.92 billion (some EUR 440 million). The company is looking to purchase between 43 and 51 trains with 258 and 306 wagons respectively. “The estimated frequency of the subsequent contracts to be signed is every two years: in 2014, 2016 and 2018. The estimated duration of these contracts: between 15 and 28 months. The estimated value of a contract: minimum RON 396.6 million and maximum RON 762.87 million”, according to an announcement from the company, cited by local Mediafax. The total value of the contract is estimated at RON 1.55 billion (over EUR 350 million), without VAT, and will be financed through an external loan from the European Investment Bank EIB, guaranteed by the state, and money from the budget. The trains will be purchased through an open auction. The deadline for submitting the offers is August 18. Irina Popescu, irina.popescu@romania-insider.com