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ALSTOM wins

20/11/2003

The contract is performance-based with set objectives for availability, cleanliness, productivity improvement and cost reduction.

To fulfil this long-term contract for full maintenance and service, ALSTOM will take over three Metrorex maintenance depots, a workshop and associated staff.

ALSTOM will upgrade the sites: Among other improvements, ALSTOM will install an information-technology system and bring the sites into compliance with current environmental regulations. Included in the project are training programs for safety, quality and management. The contract is to take effect in January 2004.

A signing ceremony took place in Paris at the Hotel Matignon, the residence of the French prime minister at 10:45 A.M. on November 20 in the presence of President Ion Iliescu of Romania and Prime Minister Jean-Pierre Raffarin of France.

Marius Lapadat, managing director of Metrorex, said: 'I am very pleased to have signed this contract, which represents an important development in the modernization of the maintenance services of the Bucharest metro system.'

Patrick Kron, chairman and chief executive officer of ALSTOM, said at the signing of the contract: 'We are very pleased by this demonstration of confidence in ALSTOM. This long-term contract is very important for us, consolidating our track record in metro-system maintenance. Furthermore, in establishing a long-term relationship with our new customer, Metrorex, we are proud to be contributing to the development of urban transport in Bucharest.'

Total TrainLife Management, ALSTOM's unique approach to servicing rolling stock, ensures that customers benefit from improved performance, reduced operating costs, enhanced value and increased comfort and security for passengers. ALSTOM's comprehensive service offer includes maintenance and parts supply, renovation and retrofitting.

Among ALSTOM's successes in lifetime metro-train management are two contracts covering 1,000 cars of the London Underground: a 20-year maintenance program for the trains of the Northern Line and a 10-year program of the Jubilee Line.

With more than 35 product lines and a presence in more than 60 countries, ALSTOM's Transport sector offers complete products and services for new rolling stock, signaling, and electrical and mechanical infrastructure as well as maintenance and rehabilitation services to four distinct types of customers: urban transit authorities and operators; intercity passenger rail operators and rolling stock owners; rail freight operators; and intercity railway infrastructure owners. ALSTOM's Transport sector, with sales of €5.1 billion in financial year 2002-2003, is among the world's leading suppliers to the railway industry.

Press information:
Helen Connolly
Tel. +33 (0)1 41 66 91 43
helen.connolly@transport.alstom.com