Bombardier Lands $130 Million Order for Electrical Multiple Units in France.Business Editors MONTREAL--(BUSINESS WIRE)--Nov. 15, 2000 The consortium comprised of 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. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :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. .A.) (TSE:BBD.B.) and Alstom Transport has received a firm order from the French National Railways (SNCF SNCF Société Nationale des Chemins de fer Français (French National Railways) SNCF Sans Nous les Cafés Ferment (French) ) for 72 TER Third version. See bis. 2N NG (New Generation) electrical multiple unit trainsets, consisting of 30 two-car, 25 three-car, and 17 four-car units. Bombardier will build 89 of these 203 vehicles as well as the 203 power bogies. The firm order is valued at Cdn$520 million (415 million euros), with Bombardier Transportation's share to be Cdn$130 million (103.5 million euros). Deliveries are scheduled to take place from October 2002 to October 2005. The contract includes an option for 426 additional vehicles. Should this option be exercised, Bombardier's share would reach approximately Cdn$376 million (300 million euros). Bombardier Transportation, a world leader in the manufacturing of passenger rail cars, offers a full range of urban, suburban and intercity vehicles as well as complete rail transit systems worldwide. It also manufactures freight cars and provides operations and maintenance services. Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. recreational products. It is also a provider of financial services and asset management. The Corporation employs 56,000 people in 12 countries in North America, Europe and Asia, and more than 90% of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended Jan. 31, 2000 totalled $13.6 billion. http://www.transportation.bombardier.com |
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