Bombardier Lands $130 Million Order for Electrical
Multiple Units in France
MONTREAL, QUEBEC--NOVEMBER 15, 2000 - 09:01 EST
The consortium comprised of Bombardier
Transportation and Alstom Transport has received a firm order from
the French National Railways (SNCF) for 72 TER 2N NG (New
Generation) electrical multiple unit trainsets, consisting of 30
two-car, 25 three-car, and 17 four-car units. Bombardier will
build 89 of these 203 vehicles as well as the 203 power bogies.
The firm order is valued at Cdn$520 million (415 million euros),
with Bombardier Transportation's share to be Cdn$130 million
(103.5 million euros). Deliveries are scheduled to take place
from October 2002 to October 2005.
The contract includes an option for 426 additional vehicles.
Should this option be exercised, Bombardier's share would reach
approximately Cdn$376 million (300 million euros).
Bombardier Transportation, a world leader in the manufacturing of
passenger rail cars, offers a full range of urban, suburban and
intercity vehicles as well as complete rail transit systems
worldwide. It also manufactures freight cars and provides
operations and maintenance services.
Bombardier Inc., a diversified manufacturing and service company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It is also a provider of financial services and asset
management. The Corporation employs 56,000 people in 12 countries
in North America, Europe and Asia, and more than 90% of its
revenues are generated outside Canada. Bombardier's revenues for
its fiscal year ended Jan. 31, 2000 totalled $13.6 billion. |
