Bombardier Wins Contracts in Germany and Switzerland for
a Total Value of $316 Million Cdn
MONTREAL, QUEBEC--DECEMBER 21, 2001 - 11:41 EST
Bombardier Transportation has been awarded
contracts in Germany and Switzerland for a total value of
approximately $316 million Cdn (223 million euros).
The first order, awarded in German by Deutsche Bahn (DB) to a
consortium comprised of Bombardier Transportation and Siemens, is
for the production and delivery of 40 four-car electric multiple
units (EMU). The total contract value is approximately $261
million Cdn (184 million euros), of which approximately $156
million Cdn (110 million euros) is Bombardier Transportation's
share.
Another consortium, comprised of Bombardier Transportation and
Alstom Transport, has received an order for the delivery of 10
seven-car electric high-speed trains with tilting technology (ICN)
ordered by the Swiss Federal Railways (SBB). This order is valued
at approximately $204 million Cdn (144 million euros), with
Bombardier's share to be approximately $160 million Cdn (113
million euros).
In Germany, deliveries of the EMUs to Deutsche Bahn are scheduled
to take place between April and November 2003. The customer
intends to put the trains in commercial service as of end of
December 2003 for the Rhein-Neckar regional and commuter transport
network. Since January 2001, more than 100 EMUs of the same type
have already successfully been in service in the German regional
networks of Essen, Magdeburg, Trier, Saarbrucken and Cologne.
In Switzerland, the 10 ICN trains ordered by SBB shall be
delivered throughout the entire year of 2004. Twenty-four
high-speed trains of the ICN type have been in service since May
2000, mainly on the Lausanne-Biel-Zurich-St. Gallen line. Another
10 trains have been ordered in June 2001.
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 totalled $16.1 billion Cdn. |
