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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 (940)11/6/2001 10:34:06 AM
From: Gilbert Drapeau  Read Replies (1) of 1177
 
Bombardier Receives an Order for Low-Floor Trams From the
City of Krakow (Poland)

MONTREAL, QUEBEC--NOVEMBER 6, 2001 - 10:02 EST
Bombardier Transportation, in consortium with
Kiepe Electrik, was awarded a contract from Krakow's Transport
Authority (MPK), Poland for the supply of 12 low-floor trams type
NGT6. The total value of the contract is approximately Cdn$24
million (16,8 million euros) and Bombardier Transportation's share
is about Cdn$14 million (10 million euros). The transaction
carries an option for 18 additional trams. Delivery of the
vehicles is scheduled to take place between February and August
2003.

Bombardier Transportation will be responsible for the development
and the production of the vehicles as well as for the system
integration and testing. Kiepe Elektrik will supply the
electrical equipment. Bombardier Transportation's facility in
Bautzen, Germany will provide the carbodies and final assembly
will be carried out at the customer's facility in Krakow.

A total of 14 low-floor trams of the same design are in revenue
service in Krakow since December 1999. Similar vehicles are also
in service in Kassel and Essen, Germany since 1999.

"We are pleased that the customer appreciates the good performance
of these trams already in service and has decided to increase its
fleet with the same vehicles," states Hubert C. Dlaska, President,
Light Rail Vehicles, Europe, Bombardier Transportation.

Bombardier Transportation in Poland employs 1,350 people at its
sites located in Katowice, Lodz, Warsaw and Wroclaw. It
manufactures electrical locomotives, freight bogies, signaling
equipment and converters. Customers include the Polish National
Railways, Transport Authorities from various Polish cities and
foreign customers from Belgium, Czech Republic, Germany, Lithuania
and Sweden.

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