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Bombardier Receives an Order for Intercity Trains in Sweden.


Business Editors

MONTREAL--(BUSINESS WIRE)--June 28, 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.) has received an order from the Swedish County Traffic Company Skanetrafiken for the delivery of an additional seven Oresund intercity three-car trainsets of the Contessa type.

The value of the contract is approximately Cdn$56 million (approximately 43 million euros).

The new trains will be manufactured at Bombardier's Kalmar and Vasteras facilities in Sweden. Deliveries will be made during the last quarter of 2002 in conjunction with the ongoing delivery of 49 trainsets already on order from Swedish and Danish customers.

The first Oresund trains were put into service on July 1, 2000 in connection with the opening of the Oresund bridge The Oresund Bridge (Danish Øresundsbroen, Swedish Öresundsbron, joint hybrid name Øresundsbron) is a combined two-track rail and four-lane road bridge across the Oresund strait. , which links Sweden and Denmark. Since the start of traffic across the bridge, rail traffic has exceeded expectations each month, and is now nearly 40 percent higher than was originally forecast. Approximately 11,000 travellers cross the bridge each day by train.

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 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.
 and asset management. The Corporation employs 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific. Bombardier's revenues for its fiscal year ended Jan. 31, 2001 totalled $16.1 billion and more than 90% were generated outside Canada.

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Publication:Business Wire
Date:Jun 28, 2001
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