Bombardier Receives $298 Million US Order from Dutch Railways NS for New Regional Trains 'Sprinter'.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 has been awarded a contract by Nederlandse Spoorwegen Nederlandse Spoorwegen or NS (Dutch railways) is the main public transport railway company in the Netherlands. It uses the tracks and other railway network infrastructure supplied by ProRail, which used to be part of the NS as well. (NS - Netherlands Railways) to deliver, together with its partner Siemens Transportation Systems, 18 four-car and 17 six-car electric multiple units (EMUs). The total contract is valued at approximately $298 million US (248 million euros). Bombardier's share of the project is approximately $125 million US (104 million euros), while Siemens, chosen by Bombardier as a major sub contractor, will take on approximately $173 million US (144 million euros) worth of the order. Deliveries of the vehicles are scheduled to take place between September 2008 and October 2009. The order also entails an option for five consecutive additional packages of 16 four-car and 16 six-car EMUs. Should all options be exercised, this would bring the total number of new cars ordered by NS to 974, for a total value estimated at approximately $1.4 billion US (1.2 billion euros). In addition, a contract for spare parts Spare parts, also referred to as Service Parts is a term used to indicate extra parts available and in proximity to the mechanical item, such as a automobile, boat, engine, for which they might be used. Spare parts are also called “spares. delivery for the next 10 years has been concluded. The final assembly of the trains will take place at Bombardier's manufacturing facility in Aachen, Germany. Siemens, as a partner, will carry out a large portion of the production at its site in Krefeld-Uerdingen, Germany. 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, Mainline mainline Drug slang verb To inject a drug and Metros, Bombardier Transportation, commented: "This order further proves our long-lasting relationship with NS and is yet another testimony to the success of our standardised electric multiple units. The new trains will significantly contribute to the modern appeal of the NS and will be highly appreciated by the travellers." Aad Veenman, President, NS stated: "We have chosen this proven concept by Bombardier to meet the demands of our customers for fast, comfortable and reliable transport. We are looking forward to welcome these new trains on Dutch tracks!" The vehicles will extend the commuter service in the Western metropolitan area of the Netherlands and gradually replace NS's older 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 . The new trains are based on the proven Bombardier-Siemens design of the commuter train ET425, adjusted to the specific requirements of NS and the Dutch railway system.The trains have a maximum speed of 160 km/h and meet passenger's expectations in terms of attractive design, riding comfort and an increase in overall visibility due to wider windows.An increased number of wide doors on the new trains will allow passengers to enter and alight much more easily, thereby minimising boarding time.New features such as level accessibility and continuous floor height will enhance safety and no longer restrict passengers with mobility issues. These new trains will also be equipped with camera surveillance and a modern passenger information system. 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. Note to Editors A photo is available on our Website at the following address: http://www.transportation.bombardier.com/photography.jsp 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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