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01/15/2003

Vossloh subsidiary Kiepe Elektrik GmbH is awarded three megacontracts

Total volume in excess of €90 million


Kiepe Elektrik GmbH, a member of the Vossloh Group, has been awarded three megacontracts worth altogether over €90 million. A major share is in the shape of an order placed by the city of Athens for a total of 122 trolleybuses to be delivered in good time prior to the start of the Olympics in August 2004. In fact, this contract from Greece is Kiepe's biggest individual trolleybus order in 50 years.

Additionally, the Cologne public transport authority (Kölner Verkehrs-Betriebe AG) is sourcing from Kiepe the electrical equipment for a further 69 interurban railcars. Alongside the drive system, Kiepe will supply the complete passenger information and train security systems plus all the heating, ventilation and air conditioning. The first vehicle is due to be delivered at the end of 2004.

Bremer Strassenbahn AG has ordered from Kiepe the electrical equipment for 20 low-floor trams along with the option for another 23. A contract was also concluded for the maintenance of the vehicles over a period of ten years. Modern air conditioning systems, video surveillance and lifts for disabled passengers will further enhance comfort and safety on Bremen's urban transit system. The first of the trams is scheduled for shipment in the fall of 2005.

Werdohl/Düsseldorf, January 15, 2003



For further information contact:
Werner Andree, Vossloh AG, phone (+49-2392) 52407