DB and Bombardier Reach Settlement on Disputes Over Various Vehicle Projects

DB and Bombardier Reach Settlement on Disputes Over Various Vehicle Projects

ID: 380064

(Thomson Reuters ONE) -


BERLIN, GERMANY--(Marketwired - Mar 20, 2015) - Deutsche Bahn and Bombardier
Transportation have agreed on an out-of-court settlement regarding various
vehicle projects, where the two companies were able to amicably settle their
long-standing legal disputes.

"We have worked intensively in recent months towards a solution to this
extremely complex and difficult situation and thus achieved a settlement
acceptable to both sides", says Gerd Becht, Member of the Managing Board of
Deutsche Bahn, Compliance, Data Protection, Legal Affairs and Corporate
Security. The claims, which both parties have voiced in court, are thus settled.

The types of trains covered under this settlement include Berlin S-Bahn
vehicles, Regional and Commuter trains in Bavaria, North Rhine-Westphalia and
Baden-Württemberg, as well as the Talent 2.

Lutz Bertling, President of Bombardier Transportation, stresses, "Since taking
over the management of Bombardier Transportation, I was personally committed to
improving our relationship with our most important customer. The settlement is
an encouraging sign for our future cooperation."

Deutsche Bahn and Bombardier see this step as creating a new foundation for
their business relationship, allowing better collaboration.

Both sides have agreed not to disclose the details of the settlement.

Published by: DB Mobility Logistics AG

Potsdamer Platz 2, 10785 Berlin, Germany

Responsible for the content:

Head of Communications Oliver Schumacher



CONTACT INFORMATION

* Jens-Oliver Vob
Leiter Kommunikation
Compliance, Datenschutz, Recht und Konzernsicherheit
+49 (0)30 297 61140
+49 (030) 297 61919
presse(at)deutschebahn.com
www.deutschebahn.com/presse
Dr. Immo von Fallois
Director Group Communications




Public Relations - Public Affairs
+49 (0) 30986071134
+49 (030) 986072013
immo.von_fallois(at)de.transport.bombardier.com



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Bombardier Transportation and Deutsche Bahn (DB) via GlobeNewswire
[HUG#1905123]




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Datum: 20.03.2015 - 14:19 Uhr
Sprache: Deutsch
News-ID 380064
Anzahl Zeichen: 2787

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Diese Pressemitteilung wurde bisher 189 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"DB and Bombardier Reach Settlement on Disputes Over Various Vehicle Projects"
steht unter der journalistisch-redaktionellen Verantwortung von

Bombardier Transportation and Deutsche Bahn (DB) (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Bombardier Transportation and Deutsche Bahn (DB)



 

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