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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 (935)10/29/2001 8:55:25 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives Order for the Refurbishment of
Passenger Coaches in Hungary

MONTREAL, QUEBEC--OCTOBER 29, 2001 - 07:31 EST
Bombardier Transportation was awarded a contract
by the Hungarian State Railways (MAV) for the refurbishment of 136
suburban passenger railway coaches. The total value of the
contract is approximately Cdn$58 million (40 million euros).
Deliveries are scheduled to take place between July 2002 and July
2003.

The Bombardier Transportation facility located in Dunakeszi,
Hungary will be responsible for the refurbishment of the vehicles,
which comprises replacing the worn and used parts of the coaches
and modernizing the technical equipment. The refurbished vehicles
will be equipped with air-heating system, automatic sliding doors,
glass-fibre reinforced plastic interior covering, individual seats
with textile upholstery, luggage racks with glass pane and
fluorescent lamps.

Bombardier Transportation is present in Hungary with its
manufacturing plant located in Dunakeszi. Activities in the
Dunakeszi plant include manufacturing, refurbishment,
reengineering and overhaul of passenger rail vehicles.

Bombardier Transportation Services Division offers a complete
range of operations and maintenance (O & M) services to operators,
meeting the rapidly changing needs of the rail industry worldwide.
The refurbishment and re-engineering of vehicles and systems
represents another facet of its support activities, offering
extended life to existing rolling stock.

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 and its revenues for its
fiscal year ended Jan. 31, 2001 totalled Cdn$16.1 billion.
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