Brief: FNM Signs Framework Agreement With Hitachi Rail Italy

FNM SpA

12/09/2018 12:06

Sept 12 (Reuters) - FNM SpA  FNMI.MI :
    * SIGNS FRAMEWORK AGREEMENT WITH HITACHI RAIL ITALY FOR
SUPPLY OF
HIGH CAPACITY TRAINS
    * AGREEMENT LASTS EIGHT YEARS, DURING WHICH FNM WILL BUY 120
TRAINS
    * TO PAY EUR 7.9 MILLION PER EACH SHORT CONVOY AND EUR 9.3
MILLION
PER EACH LONG CONVOY
    * HAS SIGNED FIRST CONTRACT UNDER FRAMEWORK AGREEMENT TO BUY
30
SHORT CONVOYS FOR TOTAL OF EUR 237.5 MILLION

Source text for Eikon:  ID:nBIA6rjTPB 
    
Further company coverage:  FNMI.MI 

 (Gdynia Newsroom)
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