Ansaldo Sts Breaks Into Russian Railway Market

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14th January 2010, 09:03pm - Views: 748





PRESS RELEASE

People Feature Ansaldo STS 2 image






































































Ansaldo STS S.p.A


Via P. Mantovani, 3-5, 16151 Genoa - Italy


Press Office

Phone +39 010 655 2067 - Fax +30 010 655 2939



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

1.106

M, with a gross operating margin of

118M and net profits of 77.6

M.



14 January 2010 



Ansaldo STS breaks into Russian railway market



Ansaldo STS (STS.MI) and NIIAS (a subsidiary of Russian Railways JSC RZD) have

signed a contract worth approximately EUR 7.4 million (AUD 11 million) to test – on a trial

site near Sochi – the innovative railway signalling system called ITARUS-ATC.


The Contract became effective on December 29, 2009 and the related activities (design,

transportation, installation, testing and commissioning) will last two and a half years.


The ITARUS-ATC system is based on the interoperable European Rail Traffic

Management System (ERTMS) / European Train Control System (ETCS), and will require

the implementation of the most advanced Italian and Russian technological solutions. 


ITARUS-ATC is conceived as a cost-effective for NIIAS and state-of-the-art system,

suitable for low, medium and high traffic railroads, including high-speed lines, and capable

of enhancing the safety and capacity of railways.


With this deal, Ansaldo STS has entered into one of the most important railway markets of

the world. The contract is of high strategic importance to Ansaldo STS, given the great

potential of the Russian market. It also lays the groundwork for further Company initiatives

on the country’s railway lines (high speed lines, Euro-Asiatic corridors, Sochi 2014

Olympic Games transportation system).


Ansaldo STS has successfully applied ERTMS / ETCS systems in Italy, Germany, Spain,

France, Sweden, UK, Czech Republic, Romania, Greece, China, India, South Korea,

Turkey and Libya.




Further information:

Anne Richardson, tel.+61 438 626 909



richardson.anne@ansaldo-sts.com






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