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Croatia's OV signs 25 mln kuna (3.3 mln euro) worth of new deals in 2022

Author Annie Tsoneva
Croatia's OV signs 25 mln kuna (3.3 mln euro) worth of new deals in 2022 Croatia's Odrzavanje Vagona (OV). Photo by OV

ZAGREB (Croatia), September 23 (SeeNews) - Croatian company for maintenance and repair of freight wagons, diesel-engine trains and locomotives Odrzavanje Vagona (OV) said on Friday it has signed new long-term deals worth more than 25 million kuna ($3.2 million/3.3 million euro) since the beginning of this year.

The contracts were signed with Swiss railcars leasing company ERMEWA, French railcars leasing company ATIR Rail, Pull Trans, Bosnian oil refinery Rafinerija Ulja Modrica, and local manufacturer of special and rail vehicles Djuro Djakovic Specijalna, OV said in a statement.

The company's is working at full capacity following its successful restructuring in the past three years, it added.

OV, fully owned by local company for railway freight transportation HZ Cargo, reported a profit of 600,000 kuna in the first seven months of this year, and despite the pandemics boosted it revenue and salaries, it said without providing comparative figures for the year-ago period.

(1 euro = 7.523 Croatian kuna)