Bombardier Awarded a $144 Million US MOVIA Metro Car Order from Metrorex in Romania.MONTREAL -- Bombardier Transportation Bombardier Transportation is the rail equipment division of the Bombardier group. Bombardier Transportation is the world’s largest company in the rail equipment manufacturing and servicing industry. Its headquarters are in Berlin. announced today that it received an order from Metrorex in Romania to supply 20 6-car MOVIA metro trains for the Bucharest Metro.Valued approximately at $144 million US (110 million Euros), the contract calls for the design, manufacture and delivery of the new cars.The new cars will operate on lines 1 and 3 of the Bucharest Metro.First deliveries are expected in 2006. The production of bogies will take place at Bombardier's Siegen plant in Germany and the flat pack carbodies will be produced in Bombardier's Gorlitz plant in Germany.The IGBT IGBT Insulated Gate Bipolar Transistor IGBT Integrated Gate Bipolar Transistor propulsion will be manufactured in Bombardier's Vasteras plant in Sweden, and the Project management will be done out of Sweden as well.Final assembly of the cars, however, will be completed in Craiova, Romania by our local partner Electroputere. "This new order for our MOVIA metro cars confirms Bombardier's commitment to Bucharest and the country of Romania," said Olof Persson, President, Mainline and Metros, Bombardier Transportation. "Our MOVIA metro trains currently running in Bucharest have proven to our customer that the product is reliable and safe. Passengers also appreciate the comfort of these cars," added Persson. Previous orders for the Bucharest metro include an order for the delivery of 108 MOVIA metro cars as well as signalling systems for Line 2 , valued at approximately $144 million US (110 million Euros), awarded on June 3, 1999, as well as traffic control and interlocking interlocking /in·ter·lock·ing/ (-lok´ing) closely joined, as by hooks or dovetails; locking into one another. interlocking Obstetrics A rare complication of vaginal delivery of twins; the 1st systems valued at approximately $14 million US (10.8 million Euros), awarded on January 17, 2003. "The new MOVIA metro cars awarded by Metrorex are another addition to the successful cars running currently in Bucharest," stated Marius Lapadat, General Director of Metrorex."Residents and visitors to our capital are impressed with these new state-of-the-art trains.The MOVIA metro provides a modern feel to Bucharest which is important for our economic future.We have good relations with Bombardier and look forward to many more years of working together." The funding for this new order is shared by the customer Metrorex and the EIB See NIST binary. (European Investment Bank European Investment Bank, nonprofit bank created in 1958 by the six founding countries of the European Economic Community (now part of the European Union [EU]). ). Each iscontributing 50% of the entire sum. 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, 2004 were $15.5 billion US and its shares are traded on the Toronto and Frankfurt stock exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. and BBDd.F). News and information are available at www.bombardier.com. Note to Editors A photo is available on our Website at the following address: http://www.transportation.bombardier.com/photography.jsp MOVIA is a trademark of Bombardier Inc. or its subsidiaries. Bombardier Transportation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BBD.MV.A) |
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