BELGRADE (Serbia), August 18 (SeeNews) – Serbian passenger railway transport company Srbija Voz managing director Jugoslav Jovic said on Friday the firm plans to sell its amortised rolling stock by the end of the year to repay a debt of up to 2.4 million euro ($2.8 million).
After the unbundling of railway operator Zeleznice Srbije into four independent companies, Srbija Voz came into possession of carriages and locomotives, of which it plans to keep only 30%, Jovic said in a video file posted on the website of news agency Tanjug.
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The company has already called a tender for the sale of the rolling stock and plans to use the proceeds to repay the entire inherited debt from Zeleznice Srbije, Jovic said.
In January, Srbija Voz sold eight electric locomotives out of 12 offered and 270 carriages out of 370, he noted.
The company has decided to keep 25 locomotives and up to 100 carriages, Jovic added.
Srbija Voz was established as a joint stock company in 2015, as part of the reorganisation implemented in railway operator Zeleznice Srbije, which saw the uncoupling of the different sectors into separate companies.