Alstom Wins EUR124 Million Contract in Italy
09 Marzo 2022 - 01:25PM
Dow Jones News
By Ed Frankl
Alstom SA said Wednesday that it has won a contract for a
train-control system in Italy worth 124 million euros ($135.1
million).
The contract from Italian rail group Rete Ferroviaria Italiana
is for the design and implementation of the European Rail Transport
Management System in four Italian regions, the French train maker
said.
Alstom won the tender together with a temporary grouping of
companies, it said.
The award is the first of a number of tenders in Italy financed
by the country's pandemic recovery funds for the construction of
ERTMS on 700 kilometers of railway worth around EUR500 million,
Paris-based Alstom said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
March 09, 2022 07:10 ET (12:10 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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