The value of the contracts to be awarded is estimated at 177.82 million lei (about EUR43 million), VAT excluded – RON175.5 million for engine upgrading and RON2.32 million to purchase train parts.
The engine upgrading contract will be financed from the state budget, while the contract to purchase train parts will be financed from the company’s own funds.
Contract awarding criteria in both cases will consider the lowest price. (EUR1=RON4.1719)