Bombardier Transportation / Bombardier Transportation and ENGIE Sign Frame Contract for Global Integrated Facilities Management and Production Maintenance Services . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.
- Five-year frame contract valued at approximately 250 million euro ($290 million US)
- Global energy and service group to support the improvement of efficiency and savings at various Bombardier Transportation sites by managing facilities as well as production and building maintenance
- Agreement furthers Bombardier Transportation's continued drive towards its 2020 transformation goals by sharpening focus on core activities
BERLIN, July 26, 2018 (GLOBE NEWSWIRE) -- Global energy and services group ENGIE has been awarded a five-year global frame contract to deliver integrated facilities management, production maintenance and project services to the global leader in rail technology Bombardier Transportation.
The contract, valued at approximately 250 million euro ($290 million US), foresees that all facilities management, building maintenance and production maintenance as well as cleaning, security, catering, reception, helpdesk and grounds maintenance services for various Bombardier Transportation industrial facilities will be managed by ENGIE. ENGIE will also deliver capital expenditure projects and energy performance solutions.
The services are to be delivered to a mixed portfolio of existing and new buildings, including manufacturing environments. Implementation will take place in phases starting in July 2018 and service delivery will start immediately after the successful conclusion of the local service agreements. The contract will be managed centrally by ENGIE's international FM (EIFM) team, with local delivery through ENGIE's national services entities.
ENGIE will also utilise its ENGIE Direct® smart workplace technology to support service delivery and provide clear, up-to-date management information for both ENGIE and Bombardier Transportation.
Jim Vounassis, Chief Operating Officer, Bombardier Transportation, commented: "ENGIE will help Bombardier Transportation to better focus on its core activities, while further increasing efficiencies, as we continue to drive our transformation towards our 2020 goals. ENGIE's strengths in energy and services, combined with the ability to provide solutions across our global facilities, will help us address our business challenges while ensuring a high-quality working environment for our people and exploring new combined business opportunities."
Wilfrid Petrie, CEO of ENGIE UK added: "We are delighted to have won this contract and are looking forward to working in partnership with Bombardier Transportation internationally to bring together our integrated facility management and energy expertise to support their strategic goals. The skills and experience of our teams across the portfolio will complement those already present within Bombardier Transportation to ensure continuous improvement of service delivery."
Judith Hartmann, ENGIE Group Chief Financial Officer, said: "ENGIE is well placed to provide valued-added facilities maintenance and services to international companies. This new partnership illustrates the capacity of our teams to deliver integrated solutions to our customers, all around the world, and to adapt to their specific needs."
About Bombardier Transportation
Bombardier Transportation is a global leader in rail technology and offers the broadest portfolio in the industry. It covers the full spectrum of rail solutions, ranging from trains to sub-systems and signalling. The company also provides complete transport systems, e-mobility technology and maintenance services. As an innovation driver, Bombardier Transportation continuously breaks new ground in sustainable mobility. It provides integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 39,850 people and its products and services operate in over 60 countries.
ENGIE is a leading energy and services company focused on three key activities: production and supply of energy, facilities management and regeneration. Globally, ENGIE provides facilities management and associated services to the international workplace portfolios of a growing number of industrial and commercial customers. It currently manages over 140 million sq m of premises worldwide, for customers including Mondelez International, IBM and Schneider Electric.
We enable customers to embrace a lower carbon, more efficient and increasingly digital world. Our customers benefit from our energy efficient and smart building solutions, the provision of effective and innovative services, the transformation of neighbourhoods through regeneration projects, and the supply of reliable, flexible and renewable energy. ENGIE improves lives through better living and working environments. We help to balance performance with responsibility, enabling progress in a harmonious way. Globally, the ENGIE Group employs 150,000 people worldwide and achieved revenues of €65 billion in 2017.
With over 69,500 employees across four business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries across the segments of Transportation, Business Aircraft, Commercial Aircraft and Aerostructures and Engineering Services. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2017, Bombardier posted revenues of $16.2 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
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Source: Bombardier Transportation via Globenewswire
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