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Bombardier Receives an Order to Deliver 126 Double-Deck Vehicles to the Netherlands Railways.


Business Editors

MONTREAL--(BUSINESS WIRE)--March 15, 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.) was awarded an order from the Netherlands Railways (NS Reizigers BV) for the delivery of 126 vehicles type IRM (1) (Information Resource Management) See Information Systems and information management.

(2) (Inherited Rights Mask) In NetWare 3.x and 4.
, consisting of 21 six-car double-deck electrical multiple units (EMUs).

This represents a follow-up order based on a contract signed in February, 2000 for the delivery of 252 of these vehicles. This order, which is valued at approximately $318.7 million Cdn (225 million euros), brings the total number of IRM-type rolling stock rolling stock

Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks. Rolling stock generally makes good collateral for loans because the equipment is standardized and easily transportable among
 ordered by NS Reizigers since 1992 to 668 vehicles.

The Bombardier Transportation site in Aachen, Germany, will be responsible for the complete vehicle assembly, testing and after sales. The body shells of the vehicles will be manufactured at the site in Gorlitz, also located in Germany. Delivery of the vehicles will start in the second quarter of the year 2004 and be completed by the second quarter of 2005.

The new double-deck vehicles will be integrated into NS Reiziger's existing fleet of IRM rolling stock. The IRM vehicle concept (InterRegioMaterieel, or intercity rolling stock), developed specifically for intercity traffic in the Netherlands, helps to accommodate the increased ridership on the Dutch network.

In addition to their high passenger capacity, the double-deck vehicles are characterised by reduced energy consumption and low life-cycle costs (LCC (Leadless Chip Carrier, Leaded Chip Carrier) See leadless chip carrier, CLCC and PLCC.

1. LCC - Language for Conversational Computing. Written at CMU in the 1960's.
). Low noise levels, comfortable seating, spacious entrance areas, and a lift for catering trolleys to provide service even on the upper deck, are some of the main factors contributing to a pleasant ride for the passengers.

Dr. Peter Buttmann, President of Bombardier Transportation, Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas.  stated: "The fact that NS Reizigers has once more opted for the IRM concept underlines the reliability and attractiveness of this vehicle type which has proven itself in revenue service since 1992. We are looking forward to continuing the long-standing, very constructive relationship with NS Reizigers."

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.

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Publication:Business Wire
Date:Mar 15, 2001
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