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Alstom receives $1.9 billion order from PKP intercity in Poland

Alstom, a French train manufacturer, announced on Wednesday that it had signed a contract worth 6.9 billion zlotys ($1.9 billion), to supply and maintain trains for Poland’s national long distance rail operator PKP.

Alstom shares rose by more than 3% early in the afternoon following publication.

The agreement includes the delivery and maintenance of 42 Coradia Max electric double-deck multiple units. This train is capable of reaching speeds of up to 200 km/h. It also includes 30 years of full service maintenance, as well as an option to purchase 30 more trains.

In a press release, PKP Intercity CEO Janusz malinowski stated that "we want to see the first passengers boarding the new trains within three and a quarter years."

(source: Reuters)