Italy’s Ansaldo STS wins order in Algeria worth 40 mln euros

Italy’s rail technology group Ansaldo STS said it had won a contract to supply signalling technology for a new railway line in Algeria worth 40 million euros ($53.57 million).

In a statement Ansaldo STS said the project was expected to last for 2.5 years.

In a separate statement, Ansaldo STS said it won a signalling contract for a high-speed rail line in France worth 13 million euros. ($1 = 0.7467 euros)

railway line in Algeria

Source : Reuters

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