BT finances Softronic with almost €32 million
15 January 2024 Reading time 1:00 minute
Banca Transilvania grants a financing of almost 32 million euros to Softronic (Craiova) for the modernisation of 19 electric locomotives, the beneficiary being CFR Călători.
BT is the main financier of Softronic, with which it has been collaborating for over 20 years. With this new financing, Banca Transilvania is contributing to increasing the sustainability of the Romanian transport sector and of Romanian privately-owned manufacturing companies.
The contract, worth a total of EUR 100 million, was awarded through public procurement under the Rolling Stock Modernisation and Procurement Programme, financed by the PNRR.
In Romania, Softronic is the only manufacturer of electric locomotives with asynchronous motors and Hyperion multi-unit electric trains, with exports to Sweden, Hungary and Bulgaria. Softronic's products contribute to the quality of transport and sustainable mobility by making the transport of goods and people more efficient, while reducing the negative effects on the environment and people.
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