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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (1053)	10/17/2002 6:39:44 PM
From: Gilbert Drapeau	Read Replies (2) \| Respond to of 1177

Bombardier Wins Rail Transportation Contracts in Europe and South America for a Total Value of $54 Million MONTREAL, QUEBEC--OCTOBER 17, 2002 - 11:28 EDT Bombardier Transportation has received new orders in Europe and South America totalling approximately $54 million (35 million euros). The first order is for the supply of automatic block equipment in Italy; the second, for the delivery of trailer cars and bogies in France; and the third one calls for the manufacture of bogies for the Caracas metro in Venezuela. In Italy, the consortium comprised of Bombardier Transportation and Ansaldo Segnalamento Ferroviario Spa has received from Italferr, the engineering subsidiary of the Italian State Railways (F.S.), an order for the supply of a new Rail Control and Telecommunication system. Bombardier Transportation is responsible for the delivery of the Automatic Block equipment (AB) for this new system, which will be installed in the Messina-Patti line in Sicily. The total value of the contract is approximately $72 million Cdn (46 million euros), with Bombardier Transportation's share amounting to approximately $26 million Cdn (17 million euros). Bombardier Transportation's engineering centre in Rome, Italy will execute both the design and production of the system. Deliveries are scheduled to be completed by the end of 2005. In France, Bombardier Transportation received an order from Alstom, valued at approximately $9 million Cdn (6 million euros), for the supply of 6 trailer cars and 12 carrying bogies for ZTER electrical multiple units. Production will also be undertaken at Bombardier Transportation's facility in Crespin, France. This contract, which represents an additional order to a contract signed in 1999, brings to 57 the number of ZTER electrical multiple units ordered to date by the SNCF. The trainsets are for the following regions: Aquitaine (6), Bretagne (17), Centre (15) Pays-de-Loire (14) and Poitou-Charente (5). In Venezuela, Bombardier Transportation, through its participation in the Frameca consortium, was awarded a $19-million Cdn order (12 million euros) for the manufacture or 56 motor bogies and 28 carrying bogies for the extension of the Caracas metro, which is one of the largest underground systems in the world. The 84 bogies will be manufactured in Crespin, with deliveries scheduled to start in June 2003. This is a follow-on order to previous orders awarded since 1977. To date, 1,100 bogies have been ordered to Bombardier Transportation for the Caracas metro. Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions. 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).