Bombardier Receives an Order for the Supply of 55 Trams from the Istanbul Transportation Company.Business Editors MONTREAL--(BUSINESS WIRE)--June 27, 2001 Bombardier (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 a contract by the Istanbul Transportation Company (ITC ITC (Brit) n abbr (= Independent Television Commission) → Fernseh-Aufsichtsgremium ITC n abbr (BRIT) (= Independent Television Commission) → ) for the development and supply of 55 low-floor trams. The contract is valued at approximately Cdn$112 million (86 million Euro). The delivery of the vehicles will begin in autumn 2002. Bombardier Transportation in Vienna will be responsible for the development and production of the vehicles as well as for the system integration and testing. Bombardier Transportation in Vasteras (Sweden) will supply the electrical equipment A piece of electrical equipment is a machine, powered by electricity and usually consists of an enclosure, a variety of electrical components and often a power switch. Examples of Electrical Equipment
The vehicles allow level boarding even from the new platform height of only 350 mm in the Istanbul city centre. This contract underlines once more the success of Bombardier Transportation's low-floor vehicle concept. The vehicles for Istanbul are based on the vehicles for Cologne (K 4000), Croydon and Stockholm. At 30 m length they offer a total passenger capacity of 272. An air-conditioned vehicle interior and increased space for standees are only some of the features that respond to Istanbul's particular requirements. "We are very pleased by the confidence Istanbul has placed in us by awarding Bombardier Transportation this order. This new order for trams is an excellent demonstration of the wide scope of the new Bombardier Transportation where the strong position of Bombardier in LRVs is complemented by the propulsion technology of the former Adtranz," said Mr. Pierre Lortie, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Bombardier Transportation. 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. Note to Editors: PHOTO AVAILABLE VIA OUR WEBSITE |
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