Newag IP Management sp. z o.o. acquired research and development department from Newag Spólka Akcyjna (WSE:NWG) for PLN 67.7 million on January 2, 2017. Newag IP Management sp. z o.o. completed the acquisition of research and development department from Newag Spólka Akcyjna (WSE:NWG) on January 2, 2017.