Bombardier Awarded a 250-Million-Euro Order to Supply 100 Additional E464 Locomotives in Italy.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 Trenitalia (Italian Railways) for the supply of 100 E464 electric locomotives. The contract is valued at approximately 250 million Euro ($323 million US). This new contract comes after an initial order for 50 units placed in 1996 followed by three additional options for 90, 100 and 48 units received in 1999, 2001 and 2003, respectively. Deliveries of this new set of 100 locomotives are scheduled to take place between September 2005 and November 2007. Production of the new locomotives will overlap with the delivery schedule of the previous contract, scheduled to end by September 2006. To make all the delivery schedules possible, the manufacturing rate will increase to a level of six locomotives per month. To date, Bombardier Transportation has delivered 240 (out of 388) E464-type locomotives to Trenitalia. Trenitalia will use the E464 locomotives, which have been in successful revenue service on Italian tracks since 1999, to reinforce and partially substitute the present fleet of locomotives providing passenger regional transportation. With a maximum power of 3.5 MW and a top-speed of 160 km/h, the E464 product represents state-of-the-art technology for medium-power 3kV DC locomotives. "This new contract, which highlights the good contract execution capacity of our company, stages the first-class performance of the E464 locomotives already in service," commented Roberto Tazzioli, Chief Country Representative, Italy, Bombardier Transportation. "This additional order further reinforces Bombardier's already strong leadership in the Italian electric locomotives market" he added. The production of the locomotives will be undertaken at Bombardier's site in Vado Ligure lig·ure n. A precious stone of ancient Israel. [Middle English liguri, from Late Latin lig , Italy. Propulsion Propulsion The process of causing a body to move by exerting a force against it. Propulsion is based on the reaction principle, stated qualitatively in Newton's third law, that for every action there is an equal and opposite reaction. and electric equipment are to be supplied respectively by Bombardier's sites in Mannheim, Germany and Trapaga, Spain. "Bombardier's locomotives are demonstrating superior technical arguments in every market they operate in. In Italy, the E-type locomotives are a success, just like the TRAXX family locomotives are in Germany and Switzerland", commented Edmund Schlummer, President, Locomotives & Freight, Bombardier Transportation. Of notice is also the Bombardier TRAXX F140 MS multi-system locomotive, an innovative product that underwent extensive track testing from May to October 2004, and received approval for unrestricted operations in Italy last December. This means that obstacles to cross-border freight and passenger services between Switzerland and Italy have been removed. Bombardier Transportation is one of the most important manufacturers of rail equipment in Italy and has been involved in some of the country's most important rail projects. Trenitalia's E405, E412 and E464 locomotives, the high-speed train ETR ETR Estimated Time of Return/Repair ETR Early to Rise (health e-zine) ETR Effective Tax Rate Etr Etruscan (linguistics) ETR Eastern Test Range ETR Express Toll Route 500 (as a member of Trevi consortium), the people mover people mover n. A means of mass transit, such as a moving sidewalk or a monorail, used to transport people, usually along a fixed route. people mover Noun Brit, Austral & NZ same as for Rome-Fiumicino airport and Milan's Eurotram vehicles are fine examples. Bombardier Transportation has an important engineering centre in Rome dedicated to the development of rail control solutions. It also has an industrial site in Vado Ligure, which has been manufacturing rail equipment since 1871. The Vado Ligure site is the oldest electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). facility in Italy and a countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. leader in the production of railway rolling stock rolling stock Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among . To date, more than 1,200 locomotives have been produced in Vado Ligure. 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, 2005, were $15.8 billion US and its shares are traded on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (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. ). News and information are available at www.bombardier.com. Bombardier andTRAXX are trademarks 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) (TSX:BBD.SV.B) |
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