FAIVELEY Transport announced on November 7 that it received orders with a total value of more than $US 150m from the RailConnect NSW consortium of Hyundai Rotem, UGL and Mitsubishi Electric Australia to supply equipment for NSW TrainLink’s New InterCity Fleet.
WABTEC announced on October 10 that its Faiveley Transport subsidiary has been awarded a contract worth more than $US 100m by Alstom and Bombardier to supply subsystems for the fleet of X’Trapolis Cityduplex double-deck trains being supplied by the two manufacturers for the Paris RER network.
WABTEC finally acquired a majority stake in Faiveley Transport on November 30 after completing the purchase of the Faiveley family’s 51% holding. Wabtec plans to launch a tender offer for the remaining public shares this month.
STADLER Pankow has awarded Faiveley Transport a contract to supply heating, ventilation, and air-conditioning (HVAC) systems for the next-generation Berlin S-Bahn trains ordered by DB Regio subsidiary S-Bahn Berlin in December 2015.