The divestitures will comply with all applicable social processes and consultations with employee representatives' bodies. The contemplated commitments are subject to the European Commission’s approval. providing access to certain interfaces and products for some of Bombardier Transportation’s Signalling On-Board Units and Train Control Management Systems (TCMS). divestment of the Bombardier TALENT 3 platform and dedicated production facilities located at the Hennigsdorf works, divestment of the Alstom Coradia Polyvalent platform and the Reichshoffen works (thus in the Alstom single-deck EMU family will remain the more international Coradia Stream, Coradia Continental and Coradia Nordic types), A milestone for Infrastructure: We have been granted homologation for the use of our innovative ELS-96 wheel detector system on railway lines in Poland For those of you that are not railgeeks: ELS-96 is intended for detecting rail vehicle wheel passage on tracks and it is the main part of the axle counter system for train detection.
Therefore the Bombardier’s part in these activities (one of these being for example an offer for the new HS2 high speed trains) will be offered to a buyer. In other words, the V300 Zefiro trains are produced/proposed by Bombardier jointly with Hitachi, the latter being since 2015 an owner of earlier AnsaldoBreda works in Italy. transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very high-speed train. After initial discussions with the European Commission, Alstom announced its intent, in coordination with Bombardier Transportation and the Caisse de depot et placement du Québec (CDPQ), to submit commitments to respond to the Commission's potential concerns. Reinsurance support has also been secured with the help of Italian ECA SACE and Spanish ECA CESCE.On 9 July 2020 Alstom announced that following the notification of the transaction to the European Commission on 11 June 2020, it has taken a further step towards closing of its planned acquisition of Bombardier Transportation. Bombardiers German works build trains for subways and regional and commuter. Bombardier Transportation (BT) are internationally renowned as experts in building and maintaining trains. The UKEF supported Buyer Credit facility will be administered by JP Morgan acting as the Initial Mandated Lead Arranger and the Facility Agent. Products include metro carriages, light-rail vehicles (LRVs) and tram cars. The monorails are a part of Egypt’s plans to build a sustainable transportation infrastructure that can cope with its growing population while reducing climate change impacts.īombardier also sees additional opportunities to increase its exports of UK built trains using its new production line as global demand for fast, sustainable public transportation solutions increases. The new lines will connect the New Administrative City with East Cairo and 6th October City with Giza. This expertise will be used to build and maintain two electrified monorails that together will transport millions of people every year in the Cairo metropolitan area. It can help the UK get a bigger slice of the global economic pie, secure jobs across the country and make the most of our newfound independence as a trading nation.”īombardier employs 4,000 people in the UK, with around 2,000 in Derby including over 400 specialised engineers, who develop and build trains for rail franchises across Britain. Our rich history inspires us to relentlessly reinvent and refine every detail of every business aircraft. Last December Bombardier secured further. Of seeing opportunities where others see limits. That’s why support from our export credit agency is vital. Aventra trains are already on order from Crossrail, London Overground, Greater Anglia and South Western Railway. See also edit See List of Bombardier recreational and snow vehicles for recreational and snow vehicles and products (including outboard motors) made by Bombardier or from 2003 Bombardier Recreational Products. This deal shows why we are so determined to get businesses to grasp these opportunities and take advantage of the support available from Government. Bombardier also supplies propulsion units, train-control systems, bogies, and other parts, and maintains train fleets. International Trade Secretary Liz Truss said: “Trade is an incredibly powerful way to propel growth and create jobs as we recover from the pandemic. The UK is by far the biggest foreign direct investor in Egypt and continues to aspire to be its trade and investment partner of choice, and UKEF will play a key role in this shared vision for growth. The UK-Africa trade relationship was valued at £35 billion in 2019, with around £54 billion of bilateral investment stock on top of that.
This news comes as the UK hosts the Africa Investment Conference, its first major international investment conference as an independent trading nation. This will be the UK’s only monorail car production line and will directly support 100 UK jobs at the company and many more in its UK supply chain.