CMS has advised the Czech Skoda Group on winning a second order from Bulgaria's Ministry of Transportation for five four-car electric trains.
According to CMS, the deal is valued at over EUR 100 million. "These trains will be fully serviced for 15 years under the terms of the contract. The introduction of these new electric trains is part of a wider initiative to modernize Bulgaria's railways. The existing fleet, which includes older Skoda locomotives, will be replaced by vehicles that comply with the latest Technical Specifications for Interoperability and European standards."
“Winning this order confirms that our products can compete internationally and strengthens our position in the modernization of European rail transport," said Skoda Group CEO and Executive Chairman Petr Novotny. "Bulgaria joins the list of countries where our trains contribute to the attractiveness and accessibility of rail travel.”
Earlier this year, CMS advised the Skoda Group on winning the initial tender for 20 units (as reported by CEE Legal Matters on September 13, 2024).
The CMS team included Managing Partner Kostadin Sirleshtov, Senior Associate Diyan Georgiev, and Trainee Boris Kirov.
