| | Bombardier Receives an Order for 20 Street-Trams From the City of Dresden, Germany
MONTREAL, QUEBEC--A consortium of Bombardier Transportation and
Adtranz was awarded a contract by the transport authority of
Dresden (DVB) for the delivery of 20 low-floor street-trams. The
total order is valued at approximately Cdn$70 million (50 million
Euro). Bombardier's share is estimated at approximately Cdn$49
million (35 million Euro). Delivery of the vehicles will start in
December 2002 and is scheduled to be completed by mid 2004. The
contract also includes an option for the delivery of an additional
50 trams.
Through its plant located in Bautzen, Germany, Bombardier
Transportation, as leader of the consortium, will be responsible
for the overall design and the manufacture of the vehicles, which
also includes the assembly of the electrical equipment. Adtranz
is responsible for the electrical portion of the contract. The
new street-trams are based on Bombardier's street-tram family
which can feature different vehicle lengths depending on the
cities' ridership requirements.
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. |
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