CMS has advised the Czech Skoda Group on winning an order from Bulgaria's Ministry of Transportation for 20 four-car electric trains, alongside an option for an additional five units.
According to CMS, the deal is valued at over EUR 500 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 CEO and Executive Chairman of Skoda Group Petr Novotny. "Bulgaria joins the list of countries where our trains contribute to the attractiveness and accessibility of rail travel.”
The CMS included Managing Partner Kostadin Sirleshtov, Senior Associate Diyan Georgiev, and Trainee Boris Kirov.
