GEC set to win pounds 1bn tilting train order
Friday 16 January 1998
It emerged yesterday that one of three bidders, Siemens of Germany, had pulled out of the shortlist while Adtranz, the joint venture between ABB of Sweden and Daimler Benz, was lagging behind GEC. Industry sources said GEC had been chosen for the final detailed discussions on the order.
The joint bid made by GEC and Fiat would guarantee jobs at GEC-Alsthom's plants at Birmingham and Preston, which employ just under 2,000 people. About 70 per cent of the work would come to the UK, with bogies, tilting mechanisms and body shells sourced from Italy and the remainder of the work, including final assembly, carried out in Britain.
The 55 trains, each with seven carriages and capable of speeds of up to 160mph, would be based on Fiat's Italian Pendolino design. They would cut journey times to Birmingham to one hour, replacing some of the most outdated stock on the rail network. Virgin was yesterday heavily criticised for the reliability of its West Coast services.
Siemens yesterday attacked Virgin, claiming the operator had insisted on draconian penalty clauses for late delivery amounting to some 30 per cent of the cost of the order. Jurgen Gehrels, Siemens UK chief executive, said Virgin had also insisted on unrealistic delivery times.
Separately yesterday it emerged that Siemens has won a contract worth up to pounds 65m to supply a fleet of 16 electric trains to Regional Railways North East, the privatised train operator based in York. The 100mph trains, which will be leased through Angel, one of the three rolling- stock leasing groups, will replace a fleet of 20 trains dating from the 1960s.
The new trains, which are similar to those built by Siemens for the Heathrow Express line, will be assembled in Spain, with parts supplied from Germany and some from Britain. The UK contribution includes communications and electronic systems for the carriages.
Kirstie Allsopp has waded into the female fertility debate again
Gillian Anderson lays into gender disparity in Hollywood
The Sistine Chapel is set to be illuminated with thousands of LEDs
- 1 Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
- 2 Prince held a Facebook Q&A and this is the only question he answered...
- 3 'F*ck it, I quit': KTVA reporter Charlo Greene quits live on air in spectacular fashion
- 4 35,000 walrus gather on north-west Alaska beach 'for a rest'
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Snoop Dogg and Jared Leto buy a stake in Reddit as A-list invests $50m
Prince held a Facebook Q&A and this is the only question he answered...
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
Brad Pitt, on the moment he completely lost his temper with Clint Eastwood's son
Jennifer Lawrence nude photos leak: More celebrities allegedly targeted as third wave of hacked images released
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
The Osborne Ultimatum: Chancellor’s benefits freeze bombshell will affect ten million households
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Should gay sex be illegal? 16% of Britons think so
Former Tory donor Arron Banks ups his Ukip donation to £1million following William Hague 'nobody' comment
- < Previous
- Next >
iJobs Money & Business
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
NEGOTIABLE: Austen Lloyd: TRUST ACCOUNTANT - KENTIf you are a Chartered Accou...
£18000 - £20000 per annum + OTE £30000: SThree: SThree are a global FTSE 250 b...
Highly Competitive Salary: Austen Lloyd: CITY - Law Costs Draftsperson - NICHE...