Bombardier Receives an Order for 55 City-Trams From the City of Cologne, Germany.Business Editors MONTREAL--(BUSINESS WIRE)--Feb. 2, 2000 (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.) 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. was awarded an order from the transport authority of Cologne (KVB KVB Kölner Verkehrs-Betriebe (public transport company Cologne, Germany) KVB Karur Vysya Bank Limited KVB Key-Value Binding ) for the supply of 55 city-trams type K 5000. The contract, valued at approximately Cdn$123 million (170 million DEM See digital elevation model. ), includes an option for an additional 91 vehicles. Should the option be exercised, the total order value would amount to approximately Cdn$325 million (450 million DEM). The delivery of the first 55 city-trams is scheduled to begin in September 2001, while the vehicles of the option would be delivered between 2002 and 2006. Vehicle assembly, system integration and testing will be done at the Bombardier Transportation plant in Aachen, Germany, while its Vienna, Austria, plant will manufacture the modules. Kiepe Elektrik, in Dusseldorf, will be responsible for the electrical portion of the contract. 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. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . It operates plants 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 January 31, 1999 totalled $11.5 billion. PHOTO AVAILABLE VIA CANAPRESS |
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