Bombardier Receives $120-Million Order for TGV Duplex
Trainsets in France
MONTREAL, QUEBEC--JANUARY 15, 2004 - 11:55 ET
The consortium comprising Bombardier
Transportation and Alstom Transport has received an order for 22
bi-level TGV(i)(i) Duplex high-speed trainsets from the French
National Railways (SNCF). The total amount of this new order is
approximately $491 million Cdn (305 million Euros), with
Bombardier Transportation's share amounting to approximately $120
million Cdn (74 million Euros). This order is a follow-up to an
initial order for 82 trainsets awarded in October 2000.
Bombardier will manufacture the two first-class vehicles, one
second-class vehicle and six carrying bogies for each of the
8-car trainsets. Deliveries are scheduled to take place between
January 2006 and December 2007.
Bombardier has contributed to the production of 259 TGV trainsets
since its first order for TGV equipment in November 1985.
Eighteen additional trainsets ordered in December 2001 are
currently under production at the Crespin facility, in France.
"Bombardier Transportation has an extraordinary amount of
experience in the outfitting and equipping of different types of
TGV trains. We are particularly proud of this new order, which
further attests to the confidence that SNCF has in our
capabilities," stated Jacques Lamotte, Executive Vice-President
of Bombardier Transportation.
Bombardier Transportation in France operates primarily at its
Crespin site in the Valenciennes region, where it employs more
than 2,100 people. In the French market, Bombardier
Transportation participates in all TGV programs and manufactures
a wide range of rolling stock for public transport. Among these
products are the MF 88 and MF 2000 vehicles for the Paris metro,
the Strasbourg, Nantes and Saint-Etienne tramways, the Nancy and
Caen trams-on-tires, the recent vehicles for the RER network and
the TER2N NG regional transport railcars. In December 2001,
Bombardier Transportation signed a contract with SNCF for the
supply of 500 TER (Regional Express Trains) of the Autorail
Grande Capacite (AGC) type for the French regions.
About Bombardier
A world-leading manufacturer of innovative transportation
solutions, from regional aircraft and business jets to rail
transportation equipment, Bombardier Inc. is a global corporation
headquartered in Canada. Its revenues for the fiscal year ended
Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on
the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and
BBDd.F). News and information are available at
www.bombardier.com.
N.B. Fiscal year 2002-03 revenues have been restated following
the sale of the recreational products business.
(i)(i)TGV is a trademark of SNCF
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