PRESS RELEASE

Oulu / Vaasa

March 30, 2011

 

Citec receives three major orders from Transtech

- doubles its capacity in Oulu in 2011

 

Citec Engineering has received three major orders from its customer Transtech in March. The three orders are worth approximately 7 MEUR. Citec will deliver engineering services to Transtech in following projects;

  • new generation restaurant coach, (end customer VR, Finnish railways)
  • driving (push-pull) coach, (end customer VR, Finnish railways)
  • new low floor tram, (end customer HKL, Helsinki City Transport).

The background for the first two projects is that Citec’s customer Transtech Oy and VR Group have signed supply contracts on delivery of 12 driving coaches and 15 restaurant coaches during the years 2013 and 2014. The contracts include options for deliveries of 13 driving coaches and 11 restaurant coaches.

 

Furthermore, HKL has chosen Transtech as the supplier of their new trams. In the first stage 40 trams will be procured for HKL. The new trams are scheduled for test runs in winter conditions in Helsinki by end of 2013, before the serial manufacturing start in 2014.

 

“We have unique competence within the rail vehicle business in Finland and these orders are solid proofs of Transtech’s and Citec’s extensive cooperation during many years. Our recruitment efforts now continue with full speed – we will double the personnel in Oulu from about 20 to 40 by the autumn”, says Ralf Wallin, Business Area Manager, Citec Engineering.

 

For more information, please contact:

 

Ralf Wallin, Business Area Manager, Vehicles, Citec Engineering Oy Ab

Phone: + 358 50 571 1797

E-mail: ralf.wallin(at)citec.com

 

Michael Smirnoff, Director, Communications, Citec

Phone: +358 50 464 0656

E-mail: michael.smirnoff(at)citec.com

 

About Citec

Citec provides multi-discipline engineering and consulting services for the Power, Civil, Rail Vehicles and Process industries. Citec also offers a wide range of product information management services. Founded in 1984, Citec consists of two companies – Citec Engineering Oy Ab and Citec Information Oy Ab.

 

The number of employees of the Citec companies currently amounts to about 1000 and the turnover for 2010 was approximately EUR 55 million. Citec is headquartered in Vaasa, Finland, and has offices in Finland, Sweden, the UK, France, Russia and India.

 

www.citec.com

10.04.2014
Singapore office move
M7 in Singapore has moved to the Strategy Building in International Business Park due to need of more space.
Read whole story »
31.03.2014
New Office in Stavanger, Norway
Citec and M7 Offshore have opened a new office in Stavanger.
Read whole story »
03.02.2014
Citec acquires engineering company TGB from Siemens
We have further strengthened our presence and capacity in Germany by acquiring TGB (Technisches Gemeinschaftsbüro GmbH) from Siemens AG. TGB is a leading engineering company within rail vehicle and aircraft interior engineering.
Read whole story »
Contact

Michael Smirnoff

Communications Director

michael.smirnoff(at)citec.com

Phone: +358 (0)50 4640 656