April 16, 2024

• 

[THE INVESTOR] Hyundai Rotem said on Nov. 22 it has won a 65 billion won (US$60 million) maintenance order for 90 subway trains in Ukraine.

Hyundai Rotem has signed the deal with Ukraine Railway Speed Company to extend its maintenance and repair services for the 90 subway trains by five years until 2027, the company said in a statement.

In 2010, Hyundai Rotem obtained a 350 billion won order to build the 90 subway trains for URSC and had already signed a deal to maintain and repair the trains until 2022, it said.

Hyundai Rotem manufactures railway systems, defense systems and plant equipment.

By Alex Lee and newswires (alexlee@heraldcorp.com)