Transportation Industry
Alstom challenges $3.4 billion Bombardier contract
Railway Age, Dec, 2006
SNCF's (French National Railways') award of a commuter train contract potentially worth $3.4 billion to Bombardier has been challenged in a French court by Alstom, the builder of France's high-speed TGV trains. In a statement last month from its global headquarters in Berlin, Bombardier Transportation said it "will vigorously defend" its interests, pointing out that "this contract was awarded as a result of a European-wide tender issued in 2004." Bombardier also noted that its Crespin factory in France "is the leading French manufacturing site in the railway industry." Bombardier's contract for 372 trains to operate on the Ile-de-France (Greater Paris) suburban network was announced by SNCF on Oct.
25. Under the present plan, Alstom would have a major subsidiary role.
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