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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things

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To: Gilbert Drapeau who wrote (915)6/28/2001 9:51:37 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives an Order for Intercity Trains in
Sweden

MONTREAL, QUEBEC--JUNE 28, 2001 - 08:50 EDT
Bombardier Transportation has received an order
from the Swedish County Traffic Company Skanetrafiken for the
delivery of an additional seven Oresund intercity three-car
trainsets of the Contessa type. The value of the contract is
approximately Cdn$56 million (approximately 43 million euros).

The new trains will be manufactured at Bombardier's Kalmar and
Vasteras facilities in Sweden. Deliveries will be made during the
last quarter of 2002 in conjunction with the ongoing delivery of
49 trainsets already on order from Swedish and Danish customers.

The first Oresund trains were put into service on July 1, 2000 in
connection with the opening of the Öresund bridge, which links
Sweden and Denmark. Since the start of traffic across the bridge,
rail traffic has exceeded expectations each month, and is now
nearly 40 percent higher than was originally forecast.
Approximately 11,000 travellers cross the bridge each day by
train.

Bombardier Transportation is the global leader in the rail
equipment, manufacturing and servicing industry. Its wide range
of products includes passenger rail cars and complete rail
transportation systems. It also manufactures locomotives, freight
cars, propulsion & controls and provides signaling equipment and
systems.

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 79,000 people in 24 countries
in the Americas, Europe and Asia-Pacific. Bombardier's revenues
for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and
more than 90% were generated outside Canada.
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