CAF bids for three major projects in UK worth around €4.5 billion

CAF Bombardier

Link Securities | The company is bidding for three major rolling stock and maintenance contracts in the United Kingdom worth around £4 billion (approximately €4.5 billion) as part of tenders being launched by several operators to renew and expand their rolling stock, according to Expansión newspaper.

As CAF CEO Javier Martínez Ojinaga explained to Expansión, these tenders are expected to be put out to tender in the short term, and the Basque company plans to bid for them on its own.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.