Tesmec

Regulatory Filings • Jul 30, 2018

Informazione Regolamentata n. 1155-30-2018		Data/Ora Ricezione 30 Luglio 2018 10:52:27	MTA - Star
Societa'	:	TESMEC
Identificativo Informazione Regolamentata	:	106863
Nome utilizzatore	:	TESMECN05 - Turani
Tipologia	:	REGEM
Data/Ora Ricezione	:	30 Luglio 2018 10:52:27
Data/Ora Inizio Diffusione presunta	:	30 Luglio 2018 10:52:28
Oggetto	:	sector in France	Tesmec S.p.A.: New contract in the railway
Testo del comunicato

Vedi allegato.

TESMEC S.P.A.: NEW CONTRACT IN THE RAILWAY SECTOR IN FRANCE

• Awarded a contract with a value for the Group of Euro 14.25 million;
• Tesmec Group will design of the railcars and define the working methodology for the RC² consortium, winner of the project, as well as it will supply a fleet of 9 vehicles;
• The final customer is SNCF - Société Nationale des Chemins de fer Français, which assigned the work of regeneration of the railway catenary between the stations of Paris Austerlitz and Bretigny sur Orge, on line C of the RER network;
• Works will start in January 2020 and will end in December 2023;
• The order confirms the high technological content of the Tesmec Group's railway systems, characterized by innovation, safety, efficiency and quality, but also by sustainability and energy savings.

Grassobbio (Bergamo - Italy), 30 thJuly 2018 – Tesmec S.p.A. (MTA, STAR: TES), at the head of a group leader in the market of infrastructures related to the transport and distribution of energy, data and materials, announces the award, via the subsidiary Tesmec Service, of a contract in the railway sector in France with a value for the Group of Euro 14.25 million.

The final customer is SNCF - Société Nationale des Chemins de fer Français, which assigned the work of regeneration of the catenary between the railway stations of Paris Austerlitz and Bretigny sur Orge, on line C of the RER network, to the RC² consortium, consisting of TSO, Mobility, ETF and Setec Ferroviaire, four of the most important French contractors in the sector. Tesmec Group will work with the technical team of the RC² consortium for the design of the railcars and the definition the work methodology, starting from the specifications of the tender and transforming them into technical solutions, as well as it will supply a fleet of 9 vehicles.

The project of SNCF consists in the complete regeneration of the railway line on a section of 30 km length, starting with the replacement of poles, shelves and catenary on all the tracks (that develops from 4 to 8 lines). The works will start in January 2020 and will end in December 2023 and will be carried out without interruption of the line C of the RER network. SNCF's goal is to replace the current worn-out network, which requires continuous passenger service suspension for extraordinary repairs and maintenance, with a new 1,500 V network (CSRR - Catenaire Simple Renforcee Regularisee - for a traffic speed of 160 km/h) that is considered safer, more reliable and with better performance. Therefore, SNCF intends to standardize its network through the development and diffusion of this new technology. In order to carry out the work, the RC² consortium has then decided to design and manufacture new machines able to efficiently, reliably and safely perform the several operations.

The fleet of 9 rail vehicles designed and built by Tesmec Group will consist of: 2 vehicles with recovery reels; 1 vehicle equipped with a stringing system and devices for the installation of new contact wires; 2 vehicles for wire's support and working platforms for mounting operations on the cantilevers; 1 vehicle equipped with a stringing system for specific operations of wire installation; 1 vehicles for cable fixing; 2 vehicles for droppers' installation.

The order confirms the high technological content of the Tesmec Group's railway systems, characterized by innovation, safety, efficiency and quality, but also by sustainability and energy saving.

The Chairman and CEO Ambrogio Caccia Dominioni commented as follows: "This contract, beyond the economic value, has a strategic importance for us both because it confirms our growth in the railway sector also internationally, and because it can open up interesting business prospects in France in the next future. Furthermore, the agreement is a further demonstration of our know-how in the design of customized vehicles based on the needs of our partners and the ability to define the best working methodology connected to the specific activities to be implemented, also recognized by of the most important international contractors, thanks to the brilliant experiences gained in the domestic market."

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For further information:
Tesmec S.p.A.	Image Building - Media Relations
Lucia Caccia Dominioni	Alfredo Mele, Alessandro Zambetti, Simona Raffaelli
Investor Relations	Tel: +39 02 89011300
Tel: +39 035 4232840 – Fax: +39 035 3844606	E-mail: tesmec@imagebuilding.it
E-mail: ir@tesmec.com

This press release is also available on www.tesmec.com in the "Investors" section: http://investor.tesmec.com/Investors/Notices.aspx.

Tesmec Group

Tesmec Group is leader in designing, manufacturing and selling of systems, technologies and integrated solutions for the construction, maintenance and efficiency of infrastructures related to the transport and distribution of energy, data and material. In details, the Group is active in the following sectors: 1) transmission and distribution power lines (stringing equipment for the installation of conductors and the underground cable laying, electronic devices and sensors for the management, monitoring and energy automation); 2) underground civil infrastructures (high powered tracked trenchers for linear excavation of oil, gas and water pipelines, telecommunication networks and drainage operations; surface miners for bulk excavation, quarries and site preparation; specialized digging services); 3) railway lines (railway equipment for the installation and maintenance of the catenary and for special applications, e.g. snow removal from track; new generation power unit).

The Group, established in 1951 and led by Chairman & CEO Ambrogio Caccia Dominioni, relies on more than 800 employees and has the production plants in Italy - in Grassobbio (Bergamo), Endine Gaiano (Bergamo), Sirone (Lecco), Monopoli (Bari), in the USA, in Alvarado (Texas) and in France, in Durtal, as well as three research and development units respectively in Fidenza (Parma), Padua and Patrica (FS). The Group also has a global commercial presence through foreign subsidiaries and sales offices in USA, South Africa, Russia, Qatar, Bulgaria, China and France.

The know-how achieved in the development of specific technologies and solutions, and the presence of engineering teams and highly skilled technicians, allow Tesmec to directly manage the entire production chain: from the design, production and sale of machinery, to all pre-sales and post-sales. All product lines are developed in accordance with the ISEQ (Innovation, Safety, Efficiency and Quality) philosophy, with environmental sustainability and energy conservation in mind.