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    Italy's Ansaldo STS wins Turkish rail contract

    Reuters
    16.10.2008 - 11:18 | Son Güncelleme:

    Ansaldo STS SpA has won a rail signaling and communications contract in Turkey worth 126 million euros ($172.1 million), the Italian company said on Thursday.

    Ansaldo, 40 percent held by defense and aerospace company Finmeccanica SpA, has been named preferred bidder by Turkish State Railways, it said in a statement. The contract will be signed next month.

    The contract is for signaling and communications on the rail sections Bogazkopru-Ulukisla-Yenice and Mersin-Toprakkale, Ansaldo said. The two sections total about 410 km (250 miles).

     

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