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China : ANSALDOBREDA and CNR to conclude LRV contract
Publish Date : 22-Oct-2012
On 17th Oct, 10-year agreement was signed in Beijing, between AnsaldoBreda and China Northern Rolling Stock subsidiary CNR Dalian licensing the Italian company\'s Sirio low-floor LRV for production in China.
Around €200m, deal is worth to AnsaldoBreda and authorises the production of up to 600 LRVs for Chinese cities.
At AnsaldoBreda\'s Pistoia plant in Italy to allow training of CNR Dalian personnel, initial batch of 10 Sirio vehicles will be assembled.
A similar agreement is signed in July, by Ansaldo STS with a joint venture of CNR Dalian and General Resources Company to license production of its TramWave catenary-free system, allowing the technology to be sold in China.
