Bombardier Transportation Wins Contracts From Railpool to Supply 58 BOMBARDIER TRAXX Locomotives
* Reuters is not responsible for the content in this press release.
BERLIN, GERMANY, Sep 22 (MARKET WIRE) -- Bombardier Transportation has won orders for the supply of 58 BOMBARDIER TRAXX locomotives from the leasing company Railpool. The two contracts overall amount to approximately 192 million euros (276 million US dollars). The agreement includes an option for a further 80 locomotives. The delivery of the first locomotives is planned for August 2009. Christoph Katzensteiner, Managing Director of Railpool, said: "Bombardier is a partner with which we can get fast access to the European leasing market. In addition, the TRAXX locomotive platform offers the kind of modularity we need to meet the requirements of our customers." Ake Wennberg, President of the Locomotives and Equipment Division of Bombardier Transportation, said: "Railpool is a new leasing company. We are proud that it is taking its first steps in the market with us. This success is an achievement for TRAXX, which leads the market in electric locomotives which are used all over Europe. The TRAXX locomotive platform offers the perfect conditions for a successful leasing business with low residual value risk." The TRAXX product family is designed for the transport of goods as well as passengers on national and international routes. It is suitable for all networks. Since its introduction, more than 1,300 TRAXX locomotives have already been sold. The platform consists of three electric variants (multi-system, alternating and direct current locomotives) and a diesel-electric design. All TRAXX locomotives are characterised by their modular design as well as their innovative BOMBARDIER MITRAC propulsion and controls system, which is already in use in over 3,200 locomotives worldwide. The final assembly of the locomotives for Railpool will take place in Kassel, Germany. The car bodies will be produced at Bombardier's site in Wroclaw, Poland and the bogies are to be supplied by Bombardier's site in Siegen, Germany. The propulsion and controls technology and the propulsion equipment will come from the German production sites in Hennigsdorf and Mannheim. Note to Editors: A photo is available on our web site at: http://www.transportation.bombardier.com About Railpool: Railpool is an asset manager in rail traffic, which was founded in July 2008 as a joint venture of HSH Nordbank and the KfW-IPEX Bank GmbH. The company is located in Munich, Germany. For further information refer to: www.railpool.eu About Bombardier Transportation Bombardier Transportation has its registered head office in Berlin (Germany) and is represented in over 60 countries. Over 100,000 rail cars from Bombardier are in service around the world. As a global market leader in rail transport technology, Bombardier Transportation can offer the most comprehensive product portfolio. About Bombardier Bombardier Inc. is one of the world's leading suppliers of innovative transport solutions, from regional aircraft and business jets to rail transport technology. The international group has its headquarters in Canada. Its revenues for the fiscal year (ended 31. January 2008) reached a total turnover of 17.5 billion US dollars. Bombardier shares are listed on the Toronto Stock Exchange (BBD). Moreover, Bombardier is listed in the Dow Jones Sustainability Index globally and also for North America. News and information are available at www.bombardier.com. BOMBARDIER, TRAXX and MITRAC are trademarks of Bombardier Inc. or its subsidiaries. www.theclimateisrightfortrains.com Contacts: Americas David Slack +1 450 441 3190 email@example.com Germany, Austria, Central and Eastern Europe Heiner Spannuth +49 30 986 07 1134 firstname.lastname@example.org Switzerland Fiona Flannery +41 44 318 29 91 email@example.com Nordic Countries Jonny Hedberg + 46 8 681 5062 firstname.lastname@example.org Russia Alexander Bocharov + 7 495 775 1830 email@example.com UK, Ireland, Australia, New Zealand, other countries Neil Harvey + 44 1332 266470 firstname.lastname@example.org Benelux Guy Hendrix +32 2289 7341 email@example.com France Anne Froger +33 6 07 78 95 38 firstname.lastname@example.org Spain, Portugal, Italy, Greece, Turkey, India Luis Ramos +35 1 919 693 728 email@example.com Copyright 2008, Market Wire, All rights reserved. -0-
- Qatar will not host World Cup: FIFA official
- Exclusive: Iran seeks give and take on Islamic State militants, nuclear program
- New Jersey man attacked and killed by black bear, police say
- Alibaba IPO ranks as world's biggest after additional shares sold
- Islamic State tells followers to attack U.S., French citizens: website