| Alstom awarded a contract to extend Line 1 of Panama Metro | |
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Alstom, leader of a consortium including Thales, Sofratesa, CIM and TSO[1] , has been awarded a contract by Metro de Panama SA to supply 70 additional metro cars for Line 1 of Panama Metro. Alstom will also update the existing signalling solution and the power supply and increase the size of the depot. Alstom's share in the contract is worth €130 million. Delivery of the new cars will begin in early 2017.
Line 1 of Panama metro, inaugurated in April 2014, was supplied by Alstom as an integrated metro system[2] . The line, which crosses the city from north to south, is about 16 km long and includes 14 stations. Since its inauguration, ridership has reached 200,000 passengers per day. With the new cars, Metro de Panama will extend the metro trainsets from three cars to five while adding six trainsets, bringing the number of metros circulating on the line to 26.
'Line 1 of Panama Metro is a great success and Alstom is pleased to be part of it and we thank Panama Metro for placing their trust in us. The new Metropolis cars will increase the fleet's capacity, smooth traffic flow and enhance passengers' travelling experience,' said Michel Boccaccio, Senior Vice President of Alstom in Latin America.
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Alstom
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CODE : ALO.PA |
ISIN : FR0010220475 |
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Alstom is based in France. Alstom is listed in France, in Germany and in United Kingdom. Its market capitalisation is €UR 3.3 billions as of today (US$ 3.5 billions, € 3.3 billions). Its stock quote reached its highest recent level on February 09, 2007 at €UR 98.98, and its lowest recent point on April 19, 2024 at €UR 15.10. Alstom has 219 127 000 shares outstanding. |