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Stock impact report

US to sell diesel locomotives to Ukraine under $156.6 million loan – NV report [Yahoo! Finance]

Westinghouse Air Brake Technologies Corporation (WAB) 
Last westinghouse air brake technologies corporation earnings: 2/18 06:58 am Check Earnings Report
US:NYSE Investor Relations: wabtec.com/investors
Company Research Source: Yahoo! Finance
Who will pay for them, can Ukrainian railway workers operate the engines, and how this project relates to former Ukrainian President Petro Poroshenko and Donald Trump — those are some of the questions we will attempt to answer. Trump's trace In February 2018, UZ and General Electric Transportation (GE) signed a framework agreement on the purchase and repair of diesel locomotives worth over $1 billion. It was supposed to be the largest U.S. investment in the Ukrainian economy at that time, expected to localize the production of locomotives at one of the Ukrainian machine-building enterprises. Read also: Ukraine and Poland sign landmark railway agreement after almost 30 years “The 15-year agreement envisages the production of up to 225 new and upgrading up to 75 old mainline diesel locomotives with a significant [up to 40% production] localization in Ukraine,” said the then acting UZ CEO Yevhen Kravtsov. The event was elevated by the presence of the then Ukrainian President P Show less Read more
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