Alstom Decides to Withdraw its Request for Suspension of the Transilien Trains Tender
11 November 2006 11:28
Alstom has decided today to withdraw the request for injunction the company had made on 30 October at the Paris Tribunal Administratif, following the award by the French National Railway Company (SNCF) to Bombardier of the contract for the Transilien trains. This request had caused the final signing of the contract to be suspended.
Alstom and Bombardier have been in negotiations to decide how they might cooperate on this project. Alstom has decided to withdraw its request from the current legal procedure after an agreement with Bombardier on the terms of this cooperation has been reached. The agreement covers part of the engineering work, the assembly of a substantial number of the cars and the supply of part of the bogies. Alstom's share is estimated to be around a third of the global contract. It should be performed with a reasonable margin.
Alstom preferred to find a business solution rather than continuing the current legal process to avoid delaying the renewal of the Transilien trains, eagerly awaited by the residents of Ile de France. Alstom strongly wished to further strengthen its working relationship with the SNCF, Alstom Transport's most important customer, to the benefit of both parties. In addition, Alstom wanted to increase workload in its French plants of Le Creusot and Reichshoffen.
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