COLAS (EPA:RE) - PR - Colas Rail wins three rail network renewal and maintenance contracts in France and the United Kingdom
Transparency directive : regulatory news
15/01/2018 17:50
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PRESS RELEASE
Boulogne, January 15, 2018
Colas Rail wins three rail network renewal and maintenance contracts in France
and the United Kingdom
Colas Rail, the rail subsidiary of the Colas Group, has secured two maintenance
contracts for the French rail network awarded by SNCF Réseau, for a total of
approximately EUR300 million in a consortium with TSO (a subsidiary of NGE):
- the first contract, for a period of three years with an option for two
additional years, concerns the renewal of ballast on 374 km of track and
crossings on 160 km of track for four high-speed lines (LGV Nord, LGV
Atlantique, LGV Paris Sud-Est and LGV Méditerranée);
- the second contract involves the renewal of overhead lines across the
entire national rail network, for a period of five years with an option for
two additional years. On this occasion, the consortium bid with an
innovative technique designed to industrialize the work process by using
purpose-designed trains.
In addition, Colas Rail Ltd, a British subsidiary of Colas Rail, has been
awarded a seven-year track maintenance contract by Network Rail. The £225
million (EUR255 million) contract covers the supply, operation and maintenance
of heavy railway equipment. In addition to its current fleet, Colas Rail Ltd
will invest in high-performance machines that will enable Network Rail to
improve service to UK rail operators.
A longstanding player on the maintenance market for the British railway
network, Colas Rail Ltd had already performed a similar contract for a duration
of seven years.
The Colas Group (www.colas.com)
Colas, a subsidiary of the Bouygues Group, is a world leader in the
construction and maintenance of transport infrastructure, aiming to meet the
challenges of mobility, urban development and environmental protection.
With 55,000 employees in more than 50 countries on five continents, the Group
performs some 90,000 projects each year via 800 construction business units
and 2,000 material production units.
In 2016, consolidated revenue at Colas totaled 11.0 billion euros (48% outside
of France).
For further information:
Ms. Delphine Lombard (tel.: + 33 6 60 07 76 17) / Mr. Rémi Colin
(tel.: + 33 7 60 78 25 74) contact-presse@colas.fr