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Finnish PKC Group signs EUR 200 million contract with Bombardier Transportation

Finnish PKC Group has won new rolling stock business contracts from Bombardier Transportation  following the recently signed global partnership agreement in the amount of approximately EUR 50 million as fixed orders and approximately an additional EUR 150 million as options.

The business contracts comprise electrical cabinets to a Bombardier’s customer in Central Europe and includes long-term deliveries until late 2020’s subject to realization of the options. The deliveries may include up to 17 different types of electrical cabinets per double-deck intercity train. The deliveries to this contract will commence immediately and will continue with the fixed portion of the contract until year 2019.

In addition, PKC Group has been awarded by Bombardier a first contract to enter the UK railway market which is expected to grow strongly in the coming years.

The value of the first UK contract is estimated to be maximum EUR 5 million. Deliveries are expected to begin already during the remainder of the year and continue until 2019.

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