Bombardier Receives $269 Million Order for Metro Cars for Stockholm, Sweden.Business Editors MONTREAL--(BUSINESS WIRE)--Dec. 19, 2001 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.) received an order from the Stockholm Public Transport Authority (SL) for the supply of 70 three-car metro units to replace the existing Stockholm Metro The Stockholm Metro (Stockholms tunnelbana) is the metro system in Stockholm, Sweden. The system has three main lines and 100 stations, 47 of which are subterranean and 53 are above ground (surface and elevated) stations. vehicles. The order is valued at approximately $269 million Cdn (approximately 190 million euros). Deliveries are scheduled to start in September 2002 and to be completed in the Spring of 2004. The new order brings the total number of Vagn 2000-type cars ordered by the Stockholm Public Transport Authority to 270 units which represents the biggest series of train orders of any type ever placed in Sweden. The customer already has 161 three-car units in service. The new and highly popular 46.5-meter Stockholm metro unit is built in three articulated sections with a driver's cab at each end. Passengers can move freely throughout the entire length of the unit. A full-length train consists of three units. The carbodies, propulsion and controls will be manufactured at Bombardier Transportation's facilities in Kalmar and Vasteras, Sweden and the bogies in Derby, UK. Commenting on the order, Olof Persson Olof Persson (born 5 May 1978) is a Swedish footballer, who is currently playing for Aarhus Gymnastik Forening (AGF). He plays in central defence and has considerable aerial power. , President, Metros, Bombardier Transportation said: "We are very pleased with this supplementary order, which shows the customer's satisfaction with the Vagn 2000 metro cars. The vehicles' performance is reliable and economic whilst being comfortable, safe and extremely quiet. It means taking a big step forward in making public transport in Stockholm Public transport in Stockholm consists of bus, metro, regional/suburban rail, light rail, tram and archipelago boat operation in Stockholm County, Sweden. The bus and rail is organized by Storstockholms Lokaltrafik (Greater Stockholm Public Transport) [1] more attractive." Bombardier Transportation in Sweden employs a total of 2,200 people at its engineering and production sites in Kalmar and Vasteras, as well as its signalling systems facilities in Stockholm, Goteborg and Hassleholm. Its current contracts include the production of Contessa trains for the Oresund link between Denmark and Sweden, light rail vehicles Rail vehicles are vehicles capable of rolling on rail tracks. This includes:
Bombardier Transportation is the global leader in the rail equipment, manufacturing and servicing industry. Its wide range of products includes passenger rail cars and complete rail transportation systems. It also manufactures locomotives, freight cars, propulsion & controls and provides signaling equipment and systems. 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 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific and its revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion Cdn. PHOTO AVAILABLE VIA OUR WEBSITE |
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