Deutsche Bahn and Bombardier Reach Settlement

534
Bombardier
The V300ZEFIRO is the fastest train in Europe and is capable of reaching commercial speeds of up to 360 km/h. During test runs the train will reach speeds in excess of 400 km/h.
Bombardier is the only company in the world that offers rail and aviation transportation options for its customers
Bombardier is the only company in the world that offers rail and aviation transportation options for its customers

BERLIN, GERMANY-BUSINESS – Deutsche Bahn and Bombardier Transportation have agreed on an out-of-court settlement regarding various vehicle projects, where the two companies were able to amicably settle their long-standing legal disputes.

“We have worked intensively in recent months towards a solution to this extremely complex and difficult situation and thus achieved a settlement acceptable to both sides”, says Gerd Becht, Member of the Managing Board of Deutsche Bahn, Compliance, Data Protection, Legal Affairs and Corporate Security. The claims, which both parties have voiced in court, are thus settled.

The types of trains covered under this settlement include Berlin S-Bahn vehicles, Regional and Commuter trains in Bavaria, North Rhine-Westphalia and Baden-Wurttemberg, as well as the Talent 2.

Lutz Bertling, President of Bombardier Transportation, stresses, “Since taking over the management of Bombardier Transportation, I was personally committed to improving our relationship with our most important customer. The settlement is an encouraging sign for our future cooperation.”

Deutsche Bahn and Bombardier see this step as creating a new foundation for their business relationship, allowing better collaboration.

Both sides have agreed not to disclose the details of the settlement.

Previous articleIntercity Hosts “So You Think You’ve Got Talent?”
Next articleThunder Bay Spring Farm Conference
James Murray
NetNewsledger.com or NNL offers news, information, opinions and positive ideas for Thunder Bay, Ontario, Northwestern Ontario and the world. NNL covers a large region of Ontario, but are also widely read around the country and the world. To reach us by email: newsroom@netnewsledger.com Reach the Newsroom: (807) 355-1862