Booked a strong $2.6 billion of orders, a 46% increase compared to the same period last year. The group’s sales increased to $1.7 billion, up 7% compared to $1.6 billion over the third quarter 2014/15.
Following the approximately $58.9 million deal, Alstom’s stake in TMH reached 33%. Alstom will retain two seats in the TMH board of directors.
For the first time in Azerbaijan, the metro trainsets have inter-car walkways to optimize passenger traffic flow and vertical handrails near the doors to enhance passenger safety when the train is in motion.
The first vehicles should enter commercial service during autumn and will start operating in Siberia along winter time.
The train is designed according to the principles of basic platform and modular construction, which will allow rapid modification of rolling stock of different types and composition and adaptation of any future power supply.
Contract defines how companies will cooperate in fulfilling the approximately $1.2 billion order for 200 passenger locomotives awarded a month ago by Russian Railways to TMH.
Bombardier Transportation> and Russian-based Transmashholding announced an agreement to establish a new joint venture to develop a new family and generation of locomotives using asynchronous propulsion technology.
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