“We are in advanced talks with Budamar in Slovakia to sell five electric locomotives, which we will assemble next year. We are also in talks with the state-run rail operator in Norway,” Softronic officials told ZF.

Established in 2002, Budamar is the largest private transportation operator in Slovakia, with rail, road, maritime transport and logistics operations, the corporate website says.

Softronic posted RON231 million revenue in 2022, compared with RON132.7 million in 2021, the Finance Ministry website shows. It also made RON5.6 million profit compared with RON8.5 million in 2021, according to the same sources.

(English version by Loredana Fratila-Cristescu)