Type joint-stock company Website www.newag.pl Founded 1876 | Number of employees 1,550 (2014) | |
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Industry Rail vehicle manufacturer Products electric locomotivestrams Stock price NWG (WSE) PLN 16.33 -0.17 (-1.03%)24 Mar, 5:00 PM GMT+1 - Disclaimer Profiles |
Newag s a lokomotywa spalinowa 6dg
Newag S.A. is a Polish company, based in Nowy Sącz, specialising in the production, maintenance, and modernisation of railway rolling stock. The company's products include the 14WE, 19WE, 35WE types electric multiple units; it has also developed the Nevelo tram.
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History
In 1876 the Royal Railway Workshop opened, serving a newly built Austrian railway line. After the First World War the establishment, renamed "1st Class Main Workshop" served Polish State Railways, employing some 1800 workers in 1922. In post-World War II communist Poland the workshop was nationalised and later became a separate, though still state-owned, enterprise officially called "Nowy Sacz Railway Stock Repairs Depot in Nowy Sacz, State Independent Enterprise" (Polish: Zakłady Naprawcze Taboru Kolejowego "Nowy Sącz" w Nowym Sączu, Przedsiębiorstwo Państwowe Wyodrębnione ), with a workforce of about 3,500 in 1952. The last steam locomotive was serviced in 1972.
After the fall of communism and the economic changes of 1989, the enterprise was transformed into a State Treasury Joint Stock Company, with the Polish state as the only shareholder. The company went through a period of financial turmoil around 2001 and its shares were acquired by a private domestic investor in 2003. The current name was adopted in 2005.
Current products
Locomotives are available with both AC electric, DC electric and diesel-electric traction. The Dragon is also available with Last Mile Diesel