Bombardier Receives $24 Million Order for the Delivery of
Double-Deck Trains to Israel
MONTREAL, QUEBEC--JULY 2, 2002 - 09:39 EDT
Bombardier Transportation has received an order
from the Ports and Railways Authority-Israel Railways (Tel Aviv)
to deliver three 4-car double-deck trains, each consisting of one
power car and three trailer cars. The contract, which is a
follow-on order to a contract awarded in August 1999, is valued at
about $24 million Cdn (16 million Euro). The air-conditioned
trains, which are scheduled to be delivered between April and May
2004, will be put in service for the Tel Aviv area as part of the
project "Railway 2000".
The trains will be manufactured and assembled at Bombardier
Transportation's site in Gorlitz, Germany. The electrical
equipment will be provided by Bombardier's site in Berlin-Marzahn,
and the bogies by its site in Vetschau, also in Germany. In
Israel, Bombardier is cooperating closely with local
subcontractors.
The current order brings to 17 the number of double-deck trains
ordered by the Israel Railways since 1999. The first 14 trains
have already been delivered.
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 rail control systems.
Bombardier Inc., a diversified manufacturing and services company,
is a world leading manufacturer of business jets, regional
aircraft, rail transportation equipment and motorized recreational
products. It also provides financial services and asset management
in business areas aligned with its core expertise. Headquartered
in Montreal, Canada, the Corporation has a workforce of some
80,000 people in 24 countries throughout the Americas, Europe and
Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002
stood at $21.6 billion Cdn. Bombardier trades on the Toronto,
Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F). |
