The state-owned company Moldova’s Railways will buy 12 new locomotives and will renovate the depot in Chisinau. A contract providing for this was signed with the American company that won the tender contest on November 6, IPN reports.

The company’s director Iurie Topală told the press that the last time new locomotives were purchased 40 years ago and the current locomotives are out-of-date. A sum of €45 million will go to buy the locomotives and to repair the depot. The first locomotives will be delivered at the start of 2020.

Iurie Topală also said that the locomotives are renewed as part of the process of reorganizing the state-owned company Moldova’s Railways. A tender contest for renovating the Bender – Basarabeasca – Etulia – Giurgiulești railroad will be announced soon.

The €110 million project to restructure Moldova’s Railways is financed by the European Bank for Reconstruction and Development, the European Investment Bank and the European Union.