Zelensky invites Switzerland’s Stadler Rail AG to invest in Ukrainian railways

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On Friday, January 29, President of Ukraine Volodymyr Zelensky held a meeting with a delegation of the Switzerland-based company Stadler Rail AG, headed by the president of the Board of Directors, co-owner of Stadler Rail AG group Peter Spuhler.

“During the meeting, the sides discussed the prospects for cooperation with the company in terms of modernization of rolling stock of Ukrainian railways, suburban and urban rail transport,” the press service of the head of state reported.

Zelensky informed his interlocutor about the projects of transport infrastructure development in Ukraine, and also stressed the importance of attracting foreign technologies and capital to their implementation.

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The head of state noted that this year Ukraine celebrates the 30th anniversary of independence, so it is planned to launch various projects for the anniversary. In particular, much attention is paid to infrastructure.

The president stressed that Ukraine has its own manufacturers of rail rolling stock, so the main condition for cooperation with foreign companies is the maximum localization of production in our country.

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In turn, Peter Spuhler expressed interest in the company’s work in the Ukrainian market and creating a joint production with Ukrainian partners.

Stadler Rail is a Swiss manufacturer of railway rolling stock, with an emphasis on regional train multiple units and trams.

© 2021 Ukrinform News

2 comments

  • The problem in Ukraine is not the lack of potential investors, but the oligarchs and the rampant corruption.

    Liked by 5 people

    • Ukraine was heading in the right direction before Yanu come to power. Once that Russian lover started to run the country, all banks and foreign investors packed up, and went home. Ukraine will never attract investors as long as Ukraine is run by a weakling owned by the oligarchs.

      Liked by 3 people

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