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GlobeNewswire (Europe)
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Bombardier Transportation: Bombardier to provide 74 additional TWINDEXX Vario double-deck coaches to Israel Railways

  • Seventh consecutive order will increase Israel Railways' fleet of Bombardier-built double-deck TWINDEXX Vario coaches to 586

BERLIN, June 06, 2019 (GLOBE NEWSWIRE) --

Note to editors: To view the photos associated with this press release, please visit the following links:

https://www.globenewswire.com/NewsRoom/AttachmentNg/7bfdbde0-43dc-4776-917d-99168b656646

https://www.globenewswire.com/NewsRoom/AttachmentNg/e01a6da5-f1df-4dfa-93f8-6328cf032ccd

Mobility solution provider Bombardier Transportation has signed a contract to provide 74 additional BOMBARDIER TWINDEXX Vario double-deck coaches to Israel Railways (ISR). This call-off is part of a framework agreement signed in October 2010 and is valued at approximately 147 million euro ($166 million US). The delivery of the new coaches is scheduled to be completed by December 2021.

Michael Fohrer, President Central and Eastern Europe and Israel at Bombardier Transportation said, "We are very proud to have signed a seventh consecutive order with Israel Railways, a result of exemplary collaboration and customer satisfaction. It is testimony to the superior quality and reliable performance in customer service of all coaches delivered up to this point."

Eran Cohen, Chief Country Representative Israel at Bombardier Transportation, said, "Sustainability over the entire lifecycle, safety, reliability, higher capacity and performance; those are the ingredients that make our double-deck TWINDEXX Vario trains so successful. We are grateful that Israel Railways has once more decided to put their trust into this well-proven product and the team behind it."

"This order will strengthen and also benefit from the ongoing transformation of our two sites in Saxony, Germany," added Michael Fohrer. "Görlitz, as the competence center for carbody production, and Bautzen, as our industrial lead site for serial production, will decisively contribute to the successful execution of this order. In addition, we will continue progressively developing our local supply base and the railway industry in Israel, in particular through the increased involvement of our final assembly site of M.T.R. Dimona, Israel."

The new order consists of eleven control cars for operation with TRAXX electric locomotives, also compatible with diesel locomotives, eleven intermediate coaches with dedicated space for people with reduced mobility and 52 trailer cars. Additionally, the driver's desk in the control car will be re-designed to be identical to one in the TRAXX electric locomotives.

This single-car concept enables ISR to configure the loco-hauled trainsets according to the required capacity. Each of the eight-car trains currently in-service feature seating capacity for 1,000 passengers. The popular trainsets, based on a proven platform concept in operation across Europe, are in daily service in Israel and compliant with all current safety, comfort and efficiency standards. They represent great strides in helping alleviate congestion in Israel. As a full solution provider, Bombardier Transportation operates a service depot in Haifa where 293 double-deck coaches out of ISR existing fleet are being upgraded for a speed of 160 km/h and for electric traction.

About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry's broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.

About Bombardier
With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries as well as a broad portfolio of products and services for the business aviation, commercial aviation and rail transportation markets. Bombardier shares are traded on the Toronto Stock Exchangeor follow us on Twitter @Bombardier.

Notes to Editors
To receive our press releases, please visit the RSS Feedsection.

Bombardier and TWINDEXX are trademarks of Bombardier Inc. or its subsidiaries.

For Information

Media relations, Israel
Janet Olthof
+49 3302 89-4260
janet.olthof@rail.bombardier.com (mailto:janet.olthof@rail.bombardier.com)
Global media relations
+49 174 926 2017
press@rail.bombardier.com (mailto:press@rail.bombardier.com)

You can also contact one of our worldwide contactsfor specific press inquiries.

© 2019 GlobeNewswire (Europe)
Solarbranche vor dem Mega-Comeback?
Lange galten Solaraktien als Liebling der Börse, dann kam der herbe Absturz: Zinsschock, Überkapazitäten aus China und ein Preisverfall, der selbst Marktführer wie SMA Solar, Enphase Energy oder SolarEdge massiv unter Druck setzte. Viele Anleger haben der Branche längst den Rücken gekehrt.

Doch genau das könnte jetzt die Chance sein!
Die Kombination aus KI-Explosion und Energiewende bringt die Branche zurück ins Rampenlicht:
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  • hina bremst Preisdumping & pusht massiv den Ausbau
Gleichzeitig locken viele Solar-Aktien mit historischen Tiefstständen und massiven Short-Quoten, ein perfekter Nährboden für Kursrebound und Squeeze-Rally.

In unserem exklusiven Gratis-Report zeigen wir dir, welche 4 Solar-Aktien besonders vom Comeback profitieren dürften und warum jetzt der perfekte Zeitpunkt für einen Einstieg sein könnte.

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Dieses Angebot gilt nur für kurze Zeit – also nicht zögern, jetzt sichern!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.