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Dec 28, 2017 14:38 EEST
December 28 (SeeNews) - Serbian state-owned company Infrastruktura Zeleznice Srbije said on Thursday it has signed a 2.2 million euro ($2.6 million) agreement with Russian railway security systems developer Tvema for the delivery of multifunctional technical inspection rail vehicles.
The financing for the project was provided by the European Bank for Reconstruction and Development (EBRD) and the vehicles will be delivered within 16 months, Infrastruktura Zeleznice Srbije said in a statement.
Infrastruktura Zeleznice Srbije did not reveal details on the number of vehicles to be delivered.
The vehicles to be delivered to Infrastruktura Zeleznice Srbije represent a platform for track geometry measurement, ultrasonic and eddy-current testing (ECT), 3D laser scanning and Ground Penetrating Radar (GPR) surveys, according to data on Tvema's website.
In October, Infrastruktura Zeleznice Srbije said it plans to use part of the proceeds of a loan from the EBRD towards the cost of a 91.5 million euro project for the overhaul of railway infrastructure.
Infrastruktura Zeleznice Srbije was established as a joint stock company in 2015, as part of a reorganisation implemented in railway operator Zeleznice Srbije which saw the unbundling of its sectors into separate companies.
($ = 0.8378 euro)
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