http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.59Change: -0.01
R/$ = 10.54Change: 0.02
Au 1301.37 $/ozChange: -1.49
Pt 1437.50 $/ozChange: 1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Nelson Mandela 1918 - 2013   Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science & Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jul 02, 2012

Bombardier Transportation SA localises ownership

Back
Bombardier|Bombardier Transportation|Bombardier Transportation South Africa|Gautrain|South Africa|Gautrain|Freight Services|Rail Technology|Gautrain|Alan Flint|Aubrey Lekwane|Gautrain
bombardier|bombardier-transportation|bombardier-transportation-south-africa|gautrain-company|south-africa|gautrain-facility|freight-services|rail-technology-industry-term|gautrain-organization|alan-flint|aubrey-lekwane|gautrain
© Reuse this

Rail technology group Bombardier Transportation has restructured its South African subsidiary company, which is now owned 26% by local employee and business trusts.

Bombardier Transportation South Africa (BTSA) chairperson Alan Flint said on Monday that the local ownership model would ensure that BTSA’s employees, as well as a number of black-owned and controlled suppliers would participate in BTSA’s future success, and profitability.

The structure supported the inclusion of certain nongovernmental organisations.

Flint said that localising ownership was a “clear indication that Bombardier is in South Africa to stay”.

“The region offers many exciting business opportunities both in passenger and freight services, which also includes increased market penetration into the mining sector. BTSA have made a strategic decision to further develop rail service offerings that will support all sub-Saharan countries in enhancing their infrastructure in the most cost-effective and sustainable manner,” the company said in a statement.

BTSA also aimed to invest in local manufacturing capacity, training and improving the skills development of local employees, while working with local suppliers to achieve the same targets.

Apart from the Gautrain project, which saw the company successfully deliver 24 Bombardier Electrostar train sets, BTSA has also assisted in supporting and developing the local locomotive and commuter train refurbishment industry for nearly two decades.

Bombardier remained responsible for the core electrical and mechanical design and equipment for Gautrain and would continue to support its local partners in maintaining the fleet for 15 years. The Gautrain project has created more than 34 200 local direct jobs, and an estimated 119 700 indirect jobs.

Meanwhile, BTSA also announced that it had appointed business development director Aubrey Lekwane as Bombardier’s chief country representative for South and Southern Africa from July 1.

He is taking over the role from Flint.
 

Edited by: Mariaan Webb
© Reuse this Comment Guidelines
 
 
 
 
 
 
 
 
Other Transport & Logistics News
Tanzania, Rwanda and Burundi are looking for an adviser to help them secure financing for a $4.13-billion railway project aimed at boosting cross-border trade in the region. The railway will link Tanzania's port city of Dar es Salaam with the capital cities of...
While South Africa’s ship building and repair industry is at a “critical” stage in its development, the industry continues to be stifled by obsolete port infrastructure, protectionist government policy and monopoly pricing, driving the migration of these...
Safair on Wednesday said it would soon start selling tickets for FlySafair flights after it secured a licence to operate a scheduled passenger low-cost domestic air service. The Air Services Licensing Council (ASLC) granted Safair – an aviation expert currently...
Article contains comments
More
 
 
Latest News
South Africa's drive to create a competitive and food-secure State was boosted on Tuesday with the launch of the Centre of Excellence (CoE) in Food Security, at the University of the Western Cape, which would bring together a cohort of experts and researchers from 19...
The City of Cape Town has entered into eight third-party service provider agreements licensing the take up of the spare infrastructure capacity generated through the city’s broadband network. Lease-agreement negotiations were progressing with another 20 third-party...
More
 
 
Recent Research Reports
Steel 2014: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless...
Projects in Progress 2014 - First Edition (PDF Report)
This publication contains insight into progress at the delayed Medupi and Kusile coal-fired projects, in Mpumalanga and Limpopo respectively, as well as at the Ingula pumped-storage scheme, which is under construction on the border between the Free State and...
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
 
 
 
 
 
This Week's Magazine
Updated 32 minutes ago The power and water sector will come together in May to discuss challenges and celebrate successes at the annual African Utility Week and Clean Power Africa in Cape Town. More than 5 000 power and water professionals, including utility heads from Nigeria, Uganda,...
There is enough water in South Africa to supply communities and the economy, even if some activities may be constrained, such as agriculture in the Limpopo, says National Planning Commission commissioner Mike Muller. 
Muller was also the director-general from 1997...
South African antenna designer and producer Poynting and provider of professional products, system integration and implementation and commissioning services for the broadcast and telecommunications markets in South Africa, African Union Communications (Aucom),...
Industrial automation giant Festo has been displaying some of the its ongoing research projects and latest automation developments and products at the Hannover industrial fair from April 7 to 11, as part of its Integrated Automation – The Next Steps theme. The...
South African retail companies are responding to the way in which e-commerce is changing their engagement model with customers by improving customer engagement channels and order fulfilment intelligence, says industrial and retail software company JDA Europe, Middle...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks