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4 years ago
Italy's Ansaldo STS wins order in Algeria worth 40 mln euros
June 19, 2013 / 7:21 AM / 4 years ago

Italy's Ansaldo STS wins order in Algeria worth 40 mln euros

1 Min Read

MILAN, June 19 (Reuters) - Italy's rail technology group Ansaldo STS said on Wednesday it had won a contract to supply signalling technology for a new railway line in Algeria worth 40 million euros ($53.57 million).

In a statement Ansaldo STS said the project was expected to last for 2.5 years.

In a separate statement, Ansaldo STS said it won a signalling contract for a high-speed rail line in France worth 13 million euros. ($1 = 0.7467 euros) (Reporting by Stephen Jewkes)

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