Bombardier Transportation

Bombardier Transportation

January 25, 2007 01:00 ET

Bombardier Receives $43 Million US Order for MOVIA Metro Cars in Bucharest, Romania

BERLIN, GERMANY--(CCNMatthews - Jan. 25, 2007) - Bombardier Transportation has received an additional order from Metrorex SA in Romania to supply a further six MOVIA metro trains, in all 36 cars, for operation on the Bucharest Metro. The contract is valued at approximately $43 millions US (33 million euros). The funding for this new order is shared by the customer Metrorex and the EIB (European Investment Bank). As with the previous orders for the MOVIA metro trains for Bucharest, which add up to more than 260 cars, the final assembly will take place in cooperation with Bombardier's local Romanian partner, Electroputere in Craiova, located 180 km west of Bucharest. Delivery of these trains is scheduled to start by the end of 2007 and will be completed in 2008.

Bombardier Transportation in Sweden is responsible for the vehicle deliveries as well as the production of the MITRAC propulsion and controls system at its plant in Vasteras. Carbodies and bogies will be produced at the German sites in Gorlitz and Siegen.

Commenting on the contract, Stephane Rambaud-Measson, President Mainline & Metros, Bombardier Transportation, said: "We see this new order as recognition of our work and are delighted to continue our good cooperation with Metrorex. The new order for our Movia metro trains increases our engagement in Bucharest, but also shows our commitment to Romania."

"Since our first contract with Metrorex in 1999, Bombardier has consistently met the demands of the operator and provided modern and efficient metro trains and signaling solutions. Availability of our Movia metro trains reaches almost 100%, making them extremely reliable," added Stephan Krenz, Head of Business Unit Germany & Scandinavia, Bombardier Transportation.

Bucharest is radically improving its metro system by modernizing its fleet of metro trains and its entire metro system. The MOVIA metro trains currently running in Bucharest dovetail perfectly into this new system. The rapid, cost-effective high performance metros from Bombardier Transportation are already in service in major urban centers such as Berlin, Paris, Helsinki, Lisbon, Stockholm, Athens, Munich, New York, Mexico City, Toronto, Guangzhou, Shenzhen, Shanghai and soon in London.

Bombardier Transportation has its global headquarters in Berlin, Germany and operations in over 60 countries. It has an installed base of approximately 97,000 cars and locomotives. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.

About Bombardier

A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2006, were $14.7 billion US and its shares are traded on the Toronto Stock Exchange (BBD). News and information are available at

MOVIA and MITRAC are trademarks of Bombardier Inc. or its subsidiaries

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