Faiveley penetrates the Russian market and wins a contract with PTMZ, a Russian tramway car builder from St. Petersburg.

 

The contract to supply 36 pantographs in 2008 includes possible repeat annual orders with a growing potential of delivering up to 100 parts a year. 

This is a particularly significant win as Faiveley looks forward to signing more contracts in Russia and post Soviet republic markets in the year 2008-2009.