A key feature of the project is that the investment was realized during wartime, by combining its own and attracted resources.
The Kryukiv Railway Car Building Works is completing the fulfillment of a contract to supply a batch of railway tank cars to the ZPEK group of companies, one of the operators on the Ukrainian fuel market.
This is reported by CTS with reference to the company's information.
LLC “ZPEK”“s investment program for the purchase of rolling stock amounts to 250-300 million UAH. Currently, under a concluded agreement, PJSC ”KVBZ" is manufacturing the first 30 tank cars for the transportation of petroleum products.
A key feature of the project is that the investment was realized during wartime, by combining its own and attracted resources.
The parties signed a memorandum on further cooperation, which provides for the expansion of the rolling stock and the development of long-term partnership.
Oleg Chykyda, CEO of ZPEK Group of Companies and co-owner, noted: “For us, this is not a one-off deal, but part of a systemic strategy. The fuel market today is primarily about logistics. We are investing in our own infrastructure to be independent of external factors and have the ability to scale.”.
The Kremenchuk Carriage Works notes that such projects are of great importance for the entire industry: “This is an example of how Ukrainian business supports Ukrainian production. Such contracts allow us to preserve jobs and technologies in the carriage building and related sectors of the economy.”.