SEOUL, July 23 (Yonhap) — Hyundai Rotem Co., the train manufacturing subsidiary of South Korea’s Hyundai Motor Group, has submitted a bid for a new tram project in Warsaw, Poland, marking its latest push into the European urban rail market, industry sources said Wednesday.
According to the sources, Hyundai Rotem participated in a tender on Monday (local time) to supply a total of 160 new tram units to the Polish capital’s tram operator.
Hyundai Rotem reportedly proposed 21.96 million zloty, or approximately 8.3 billion won (US$6.02 million), per single-direction tram and 21.03 million zloty per bi-directional tram.
Czech rolling stock maker Skoda Transportation also participated in the bid, proposing 21.15 million zloty and 22.28 million zloty for the respective models, sources said.
Hyundai Rotem previously won a 335.8 billion-won contract in 2019 to supply 123 trams to Warsaw, the delivery of which was successfully completed last year.
This undated file photo shows a Hyundai Rotem Co. tram model put on display at a rail exhibition held in Berlin. (PHOTO NOT FOR SALE) (Yonhap)
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