Bombardier Selected to Supply Trams to Brussels.Business Editors MONTREAL--(BUSINESS WIRE)--Sept. 17, 2003 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. welcomes the notice given by the Board of Directors of the Brussels transport authority (STIB STIB Stratosphere-Troposphere Interactions and the Biosphere STIB Société des Transports Inter-Communaux Bruxellois (Brussels, Belgium, Europe) STIB State Technical Investigation Branch (New South Wales Police; Australia) ) to award Bombardier an order for 46 bidirectional The ability to move, transfer or transmit in both directions. Bombardier(i) FLEXITY(i) Outlook trams. The contract, which will be officially signed in about three weeks, includes the overhaul of the vehicles' bogies and propulsion equipment for a period of 15 years. The total value of the contract is approximately $191 million Cdn (125 million Euros), including $162 million Cdn (106 million Euros) for the vehicles and $29 million Cdn (19 million Euros) for the overhaul services. The delivery of the 100% low-floor trams is expected to take place between June 2005 and February 2007. "STIB's decision reflects once more its confidence in Bombardier's products and services," commented Walter Grawenhoff, President, Light Rail Vehicles Rail vehicles are vehicles capable of rolling on rail tracks. This includes:
Production of the vehicles will be undertaken by Bombardier mainly at its facility in Bruges, Belgium; the bogies will be produced at its Siegen site and the propulsion, at its Mannheim facility, both in Germany. This order brings to 290 the number of FLEXITY Outlook vehicles purchased since 1999. Similar vehicles are in successful revenue service in the cities of Linz (Austria) and Lodz (Poland) and have recently been ordered by the cities of Eskisehir (Turkey) and Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. (Switzerland). Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions. Bombardier Inc., a diversified manufacturing and services 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 also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 75,000 people and manufacturing facilities in 25 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2003 stood at $23.7 billion Cdn. Bombardier shares are traded on the Toronto, Brussels and Frankfurt stock exchanges Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. (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. , BOM and BBDd.F). (i) Trademark(s) of Bombardier Inc. or its subsidiaries NOTE TO EDITORS: A photo is available on our Website at the following address: www.transportation.bombardier.com/photography.jsp |
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