• Croatian Financial Services Supervisory Agency (HANFA)
  • Zagreb Stock Exchange Inc.
  • Croatian News Agency HINA
  • Official company website

Fallerovo šetalište 22, 10000 Zagreb

Security: KOEI-R-A

ISIN: HRKOEIRA0009

LEI: 74780000H0SHMRAW0I15

Home Member State: Croatia

Regulated Market Segment: Zagreb Stock Exchange Official Marke

Zagreb, 3 August 2022

Subject: Signed IV Annex to the Agreement with HŽPP

We hereby inform that on 3 August 2022 KONČAR - Electric Vehicles Ltd. and HŽ Passenger Transport Ltd. concluded Annex IV to the Sale and Purchase Agreement No. 8/14 - PP for 12 diesel- electric multiple unit vehicles (DEMU) for regional traffic. The Annex regulates the third phase of the Agreement with a delivery of remaining seven DEMUs.

In the first and second phases of the delivery, KONČAR - Electric Vehicles Ltd. has delivered five diesel-electric motor vehicles. The manufacturing of the remaining 7 DEMU vehicles will be funded by a loan obtained from EUROFIMA - the European rolling stock financing company. Following Annex IV, the value of the Agreement amounts to HRK 285.5 million including VAT.

Continued delivery of vehicles to HŽ - Passenger Transport adds significant value to KONČAR - Electric Vehicles and all other KONČAR Group members that have been participating in the realisation of the Agreement. The vehicles are a product of high-tech propriety development at KONČAR. With improvements in the quality of transport services, the new vehicles drive down operating costs and significantly reduce environmental pollution.

KONČAR - Electrical Industry Inc.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Koncar - elektroindustrija dd published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 12:58:02 UTC.