Sep. 22, 2014, 9:38 AM
- Bombardier ((OTCQX:BDRBF), (OTC:BOMBF)) and consortium partner Vossloh Kiepe (OTCPK:VOSSY), have signed an option to supply 16 additional Flexity Swift light rail vehicles to Transport for Greater Manchester’s Metrolink system.
- The option was included on a contract signed with Greater Manchester Passenger Transport Executive in 2007 and is valued at approximately £34M ($55M), with Bombardier’s share valued at approximately £25M ($41M).
VOSSF vs. ETF Alternatives
Vossloh operates worldwide in selected rail infrastructure and rail technology markets. A midsize group listed in the SDAX, Vossloh has bundled its operations into two divisions: Rail Infrastructure and Transportation.
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