Bombardier Transportation and Bozankaya Sign Strategic Cooperation Agreement for Local Manufacturing in Turkey

• Bombardier to work with local partner Bozankaya for production of  high speed trains in Turkey for the Turkish rail market

Rail technology leader Bombardier Transportation and Turkish based transportation manufacturer Bozankaya Ltd. today signed a Memorandum of Understanding (MoU) aimed at strengthening their strategic partnership in the development of high speed trains for the Turkish rail market. The agreement was signed in Ankara, Turkey, by Mr Murat Bozankaya, CEO of Bozankaya and Furio Rossi, Managing Director Turkey, Bombardier Transportation, in the presence of the Canadian Ambassador to Turkey, Azerbaidjan, Georgia and Turkmenistan, the Honourable John Holmes.

According to the agreement, both parties agree to work together in the context of an expected invitation to tender from the Turkish State Railways (TCDD) to develop and produce high speed trains. Turkey is eager to acquire quality high speed trains to operate on their newly developed tracks connecting Istanbul to the capital of Ankara, as well as for the entire Turkish high speed rail network.

Furio Rossi, Managing Director Turkey for Bombardier Transportation said, “Turkey has a clear vision of the critical role rail plays in sustainable economic development and is making strategic investments necessary to ensure that vision is realized.  Turkey has stated it will invest over 45 billion USD for rail products and infrastructure. We at Bombardier see great potential in these plans and are pleased to have found a strategic partner in Bozankaya. We are looking forward to working together in providing innovative solutions to Turkey. With Bombardier’s know-how of engineering and transfer of technology, and Bozankaya’s expertise in manufacturing vehicles both locally and internationally, we will succeed in providing the best possible vehicles for Turkey, made in Turkey.”

Mr Bozankaya continued by stating, “In Bombardier, we have found a very complementary partner and together we can enable the Turkish people to get to their destinations in a quick and comfortable, reliable and modern mode of transit.”

Bombardier Transportation’s high speed and very high speed competency is known world-wide.  The company has accumulated over 20-years’ experience in the high speed sector and has participated in the delivery of over 850 trains and vehicles for high speed and very high speed applications.

About Bombardier

Bombardier is the world’s leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

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