The agreement is conditional upon Akiem Holding concluding financing for the deal. The first units are scheduled for delivery in 2017.

Configured for use in 13 countries, the locomotives will be equipped with European Train Control System (ETCS) Baseline 3, when required.

This investment, in addition to an exercised option for the delivery of five Traxx DC locomotives from a previous contract, will extend Akiem's Traxx fleet to 100 units by 2018.

"We are accelerating our positioning on German and Austrian national markets as well as major European corridors towards Sweden, Benelux, Switzerland, Italy, Poland and Central Europe," says Mr Fabien Rochefort, CEO of Akiem. "Through this successful partnership with Bombardier, Akiem keeps developing services combining performance, proximity and security to meet our clients' requirements."

The locomotives will be equipped with powered by Bombardier Mitrac traction converters.