Bombardier Receives Additional Order for MOVIA Metro Cars in Guangzhou, China.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. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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) (TSX:BBD.B) is pleased to announce that its joint venture, Changchun Bombardier Railway Vehicles Co. Ltd. (CBRC CBRC China Banking Regulatory Commission CBRC Cutaneous Biology Research Center CBRC Canadian Business Resource Centre CBRC Copenhagen Brain Research Center CBRC Colorado Business Resource Center CBRC Combat Brigade Refresher Course ) has received an additional order from the Guangzhou Metro The Guangzhou Metro (广州地铁 Guǎngzhōu dìtiě) is a metro system in the city of Guangzhou in Guangdong Province of the People's Republic of China. Corporation for the supply of 48 MOVIA metro cars (eight six-car trainsets). The order is valued at $71 million US (56 million Euros), and Bombardier's share is valued at approximately $20 million US (16 million Euros). The vehicles will be used on Metro Guangzhou's lines 1 and 2. The official signing ceremony A signing ceremony is a ceremony in which a bill passed by a legislature is signed (approved) by an executive, thus becoming a law. Modern-day signing ceremonies are derived from ceremonies that occurred when the British monarch gave Royal Assent to acts of Parliament. in Guangzhou was attended by Chinese and Canadian dignitaries, including Xu Ruisheng, Vice Mayor of Guangzhou City; Paul M. Tellier, President and Chief Executive Officer, Bombardier Inc.; Lu GuangLin, General Manager, Guangzhou Metro Corporation; Ma Shukun, Chairman of CBRC; and Olof Persson, President, Mainline and Metros, Bombardier Transportation. On this occasion, Paul M. Tellier commented: "The signing of this contract today ensures Bombardier's commitment to the people of Guangzhou and to the Chinese market overall where we are committed to be a long-term partner." Olof Persson added: "Upon completion of this contract, we will have delivered over 1000 metro cars to China. Our dedication is evident and we are proud to continue producing and delivering world class vehicles." Following the Chinese localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. policy, the trains will be built at the CBRC plant in Changchun in Northern China. Part of the bogies and propulsion & control system will be supplied by Bombardier from its facilities in Europe. The engineering and project management will be undertaken by Bombardier in Hennigsdorf, Germany. Deliveries are scheduled to take place from the first half of 2006 until end of 2006. The 140-metre long trains, which are based on the latest modular technology, feature gangways between cars. They include IGBT IGBT Insulated Gate Bipolar Transistor IGBT Integrated Gate Bipolar Transistor propulsion, microprocessor train control, high-power air conditioning and extensive passenger information systems. This order is the second one for Bombardier in China in less than a month. On Oct. 15, Bombardier and its joint venture Bombardier Sifang Power (Qingdao) Transportation Ltd. (BSP BSP Bromsulphalein, a dye used in the study of liver function. See also sulfobromophthalein clearance test. ) received an order for 20 eight-car high-speed trainsets from the Ministry of Railways of China. In addition to CBRC, Bombardier participates in two other joint ventures in China. The first one, BSP, is dedicated to the production of intercity passenger rail cars. The other joint venture, Bombardier-CPC Propulsion Systems Co. Ltd., is involved in the production, marketing and maintenance of propulsion equipment for rail vehicles. Including its joint ventures, Bombardier currently employs 1,400 people in China. In addition to its rail transportation operations, Bombardier is the number one in the Chinese regional aircraft market, with an installed base of 37 aircraft operated by 7 airlines. It is also the first ranked manufacturer of business aircraft to China. Bombardier's longstanding relationship with China began 50 years ago. 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, Brussels and Frankfurt stock exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (BBD, BOM 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. |
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