Nordic Investment Bank (NIB) and Helsinki City Transport (HKL) signed a EUR 60 million long-term loan agreement for the purchase of 40 new trams manufactured by the Finland-based Transtech Ltd.
The Arctic low-floor tram will replace the generation of the current fleet built in the 1970s.
The new Helsinki trams have been designed in cooperation between the city and the Finnish manufacturing company Transtech Ltd, part of the Škoda Transportation group. The new fleet will be more energy efficient, offer more comfort and better access for wheelchairs and prams, and have a passenger capacity by 50% greater than the older trams.
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