Bombardier Transportation buys Adtranz Pafawag
Canadian passenger rail car and railway equipment producer Bombardier
Transportation has had its take-over confirmed of Wroclaw-based Adtranz
Pafawag, Poland' s only producer of electric locomotives and electric
suburban commuter trains. According to Adtranz officials, the new owner has
no plans to lay off workers, and until the official registration is
completed all Adtranz' s component companies will operate under their old
names. Bombardier bought Adtranz from car manufacturer DaimlerChrysler for
an unspecified price at the end of last year, and the purchase has now been
given approval under the European Commission' s anti-trust procedures.
Bombardier has also taken over Adtranz' s branches in Katowice and Lodz, as
well as its Warsaw office. Bombardier Transportation is a part of Bombardier
Inc, which apart from railway equipment, specializes in the production of
executive jets and short-haul planes. The recent acquisition of Adtranz is a
part of the Canadian company' s larger plan to expand its production in the
railway sector, which now accounts for 40% of its total sales revenues.
(Rzeczpospolita, p.B3) J.K.