Bombardier Wins $161-Million-Order for Electric Locomotives and Double-Deck Cars in Germany.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 24, 2002 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. received an order from the Local Transport Authority of Lower Saxony Lower Saxony, Ger. Niedersachsen (nē`dərsäk'sən), state (1994 pop. 7,480,000), 18,295 sq mi (47,384 sq km), NW Germany. Hanover is the capital. (LNVG) in Germany for the delivery of 10 locomotives and 66 double-deck cars. The total contract value is approximately $161 million Cdn (Euros 113 million). Deliveries are scheduled to take place between July 2003 and October 2003. The trains are planned to be used in the RegionalExpress service on the lines Hamburg - Bremen and Hamburg - Uelzen starting December 2003. The electric locomotives of the class 146 have been specifically designed for local and regional transport. The locomotives' maximum speed of 160 km/h makes them also suitable for regional express transport. The vehicles will be manufactured at Bombardier's facility in Kassel. The latest generation of double-deck cars offer first and second class compartments. Ten of the 66 double-deck cars have been designed as driving trailers. All cars will be produced at Bombardier's plant in Gorlitz. So far, more than 1000 double-deck cars of previous generations have been ordered by Deutsche Bahn Deutsche Bahn AG (abbr. DB AG, DBAG or simply DB) is the successor of the former state railways of Germany: the Deutsche Bundesbahn of West Germany, the Deutsche Reichsbahn of the German Democratic Republic and the West Berlin VdeR. and are successfully in service for local and regional transport in Germany This article is about transport in the Federal Republic of Germany, a member of the European Union. Road and automotive transport The volume of traffic in Germany, especially goods transportation, is at a very high level due to its central location in Europe. . Robin Schweitzer, President, Regional & Commuter, Bombardier Transportation, emphasized: "This contract for double-deck cars and locomotives is further recognition of our competence to build complete regional trains and demonstrates our leadership not only in Germany but also in Europe. We offer our customers modern products, which are tailor-made to suit their needs." 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 and asset management. The Corporation employs 79,000 people in 24 countries in the Americas, Europe and Asia-Pacific and revenues for its fiscal year ended Jan. 31, 2001 totaled $16.1 billion Cdn. PHOTO AVAILABLE VIA OUR WEBSITE |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion