Bombardier Receives a $99-Million Order for TGV Duplex in France.Business Editors MONTREAL--(BUSINESS WIRE)--Oct. 4, 2000 The consortium comprised of Bombardier Transportation (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 from the Societe Nationale des Chemins de fer Francais (SNCF SNCF Société Nationale des Chemins de fer Français (French National Railways) SNCF Sans Nous les Cafés Ferment (French) ) an order for 22 TGV Duplex 10-car trainsets, with an option for 60 additional trainsets. Bombardier will be manufacturing the two first-class vehicles, one second-class vehicle and six carrying bogies for each trainset. Bombardier's share of the contract is valued at Cdn $99 million (74 million euros). Should the option be exercised, Bombardier's total order value would amount to approximately Cdn $363 million (275 million euros). Bombardier Transportation, to date, has contributed to the production of 225 TGV trainsets. Between 1985 and 1992, the Company has equipped 105 TGV Atlantique trainsets, 30 two-current and 50 three-current TGV Reseau ré·seau or re·seau n. pl. réseaus or réseaux 1. A net or mesh foundation for lace. 2. Astronomy trainsets, as well as 10 TGV PBKA PBKA Pembrokeshire Beekeepers' Association (UK) (Paris/Brussels/Cologne/Amsterdam) trainsets. Since December 1993, Bombardier Transportation has taken part in the manufacture of 30 TGV Duplex trainsets. 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. PHOTO AVAILABLE VIA CANAPRESS |
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