Ansaldo STS Australia
Ansaldo STS Australia Pty Ltd
11 Viola Place, Eagle Farm, Brisbane QLD 4009 - Australia
Press Office
Phone +61 7 3868 9333 - Fax +61 7 3268 2136
A Finmeccanica Company
Ansaldo STS, listed on the Italian Stock Exchange, is an international leading technology company that operates through two Business Units: Transportation Solutions and Signalling in the global
Railway & Mass Transit Transportation business with the provision of traffic management, planning, train control and signalling systems and services. It acts as lead contractor and turnkey provider on
major projects worldwide. Ansaldo STS is headquartered in Genoa, Italy, and employs over 4,300 people in 28 countries. In 2008, its revenues reached
1.106M, with a gross operating margin of
118M and net profits of 77.6M.
10 February 2010
Another Metro Success for Ansaldo STS with Hangzhou Metro Project Win
Ansaldo STSs reputation as a leading provider of safe and sustainable metro and light rail
solutions has been strengthened by its latest contract award - to supply the
communication-based train control system for Chinas Hangzhou Metro Line 1.
Hangzhou is a rapidly growing city in the Yangtze River Delta of China.
Ansaldo STS has been awarded the USD16.4 million contract to supply the
communication based train control for the citys first metro, which is expected to
commence operation in June of 2012. Metro Line 1 will be 53.6km long and have 34
stations and 48 trains.
Ansaldo STS (STS.MI), through its subsidiary Ansaldo STS USA, will deliver the metro
project, its fifth as part of its strategic alliance agreement with Zhejiang Zheda INSIGMA
Group Company Ltd, based in Hangzhou.
Earlier this month Ansaldo STS won the contract to operate and maintain the
Copenhagen driverless metro for the next five years.
Ansaldo STS provided the engineering, systems integration, rail electrification equipment
and vehicles for the Copenhagen driverless metro system, and has been responsible for
its management since it commenced operating in 2002.
Ends
Further information:
Anne Richardson, ph: 07 3868 5471, mob: 0438 626 909
e: richardson.anne@ansaldo-sts.com.au
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