Egypt: 1 Billion Euro Financing Agreement for Passenger Coaches

“Despite the obstacles posed by the coronavirus pandemic, all involved parties did everything possible to bring the contract into effect. The contract is an illustration of the demand the Russian technology has abroad. The unique financing solution, prepared by the REC Group in partnership with our Hungarian colleagues, which could not be matched by the competition from China, Italy, India, Spain, and Romania, played an important role in it.”