EUROPE: Bombardier Transportation has awarded Finnish company PKC Group a contract worth €50m covering the supply of 17 types of electrical cabinets for double-deck vehicles by 2019, with options running until the late 2020s which could be worth a further €150m. PKC has also won its first UK rolling stock contract, covering the supply of cabinets worth up to €5m to Bombardier in 2016-19.
The orders have been placed under the terms of a partnership agreement which the companies had announced in May.
The deal is ‘potentially the biggest single order ever’ for PKC in the rolling stock business, according to sector President Andre Gerstner. ‘And through our first contract signed with Bombardier Transportation UK we are getting access to one of the strongest growing railway markets in Europe, opening opportunities for future organic growth.’