KIEV, July 22 – The U.S. General Electric Corporation seeks to improve the efficiency of Ukrzaliznytsia using its technologies, GE Transportation Marketing Director Adem Saglik told reporters after signing a memorandum of cooperation with the state-owned rail company.

"We need to understand in cooperation with Ukrzaliznytsia what type of investment and what type of cooperation would be important for them. If we speak about diesel locomotives, of course, the state of rolling stock is sad. In the past 25-30 years Ukrzaliznytsia has not bought any new locomotives. This affects its efficiency. We are confident in a possibility of using our solutions to improve Ukrzaliznytsia's efficiency," he said.