Brief: Ependion's Business Entity Westermo Wins Train Contract
27/06/2023 13:55
June 27 (Reuters) - Ependion AB EPEND.ST :
* BUSINESS ENTITY WESTERMO WINS ANOTHER LARGE TRAIN CONTRACT
* SWISS-BASED TRAIN BUILDER HAS SELECTED WESTERMO AS NETWORK PLATFORM PROVIDER FOR THEIR NEW
GENERATION TRAM-TRAINS.
* CONTRACT RUNS FOR THREE YEARS WITH A TOTAL CONTRACT VALUE ESTIMATED TO ABOUT 85 MSEK
* ORDERS WILL BE PLACED CONTINUOUSLY DURING CONTRACT PERIOD.
* DELIVERIES OF WESTERMO PRODUCTS WILL COMMENCE LATE IN 2023 AND CONTINUE FOR THREE YEARS.
Source text for Eikon: ID:nWkr5XmWJY
Further company coverage: EPEND.ST
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