Based on list price, the firm order is valued at approximately 33 million euro (44 million US) the total potential contract value if the option for 10 additional locomotives is exercised would be approximately 65 million euro (86 million US).
The locomotives will be used for freight transport in Italy and Poland. Delivery is scheduled between the third quarter of 2015 and the first quarter of 2016. It will expand Akiem’s TRAXX fleet of 15 locomotives that were ordered in 2013. In Poland alone around 70 TRAXX locomotives are in operation – the largest fleet of state-of-the-art locomotives currently operating in this country. In Italy more than 100 TRAXX locomotives are in use.