The consortium comprising Bombardier Transportation and Alstom Transport has received an order for 22 bi-level TGV** Duplex high-speed trainsets from the French National Railways (SNCF). The total amount of this new order is approximately $491 million Cdn (305 million Euros), with Bombardier Transportation's share amounting to approximately $120 million Cdn (74 million Euros). This order is a follow-up to an initial order for 82 trainsets awarded in October 2000.
Bombardier will manufacture the two first-class vehicles, one second-class vehicle and six carrying bogies for each of the 8-car trainsets. Deliveries are scheduled to take place between January 2006 and December 2007.
Bombardier has contributed to the production of 259 TGV trainsets since its first order for TGV equipment in November 1985. Eighteen additional trainsets ordered in December 2001 are currently under production at the Crespin facility, in France.
"Bombardier Transportation has an extraordinary amount of experience in the outfitting and equipping of different types of TGV trains. We are particularly proud of this new order, which further attests to the confidence that SNCF has in our capabilities," stated Jacques Lamotte, Executive Vice-President of Bombardier Transportation.
Bombardier Transportation in France operates primarily at its Crespin site in the Valenciennes region, where it employs more than 2,100 people. In the French market, Bombardier Transportation participates in all TGV programs and manufactures a wide range of rolling stock for public transport. Among these products are the MF 88 and MF 2000 vehicles for the Paris metro, the Strasbourg, Nantes and Saint-Etienne tramways, the Nancy and Caen trams-on-tires, the recent vehicles for the RER network and the TER2N NG regional transport railcars. In December 2001, Bombardier Transportation signed a contract with SNCF for the supply of 500 TER (Regional Express Trains) of the Autorail Grande Capacité (AGC) type for the French regions.
A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2003 were $21.2 billion Cdn and its shares are traded on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).
N.B. Fiscal year 2002-03 revenues have been restated following the sale of the recreational products business.
** TGV is a trademark of SNCF
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