Newag

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Newag S.A. is a Polish company, based in Nowy Sącz, specialising in production, maintenance and modernisation of railway rolling stock. The company products include the 14WE type electric multiple unit.

[edit] History

In 1876 the Royal Railway Workshop opened, serving a newly-build 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 the 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 the 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. Company’s shares were acquired by a private domestic investor in 2003 and the current name was adopted in 2005.