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Finmeccanica SpA Statement on Ansaldo Honolulu JV - Finmeccanica SpA, the parent company of Ansaldo Honolulu JV, today issued the following statement to clarify recent comments and reaffirm the corporation’s commitment to the Honolulu Rail Transit Project
Finmeccanica SpA Statement on Ansaldo Honolulu JV

 

PRZOOM - /newswire/ - Washington, DC, United States, 2011/08/01 - Finmeccanica SpA, the parent company of Ansaldo Honolulu JV, today issued the following statement to clarify recent comments and reaffirm the corporation’s commitment to the Honolulu Rail Transit Project . FNC IM; SIFI.MI

   
 
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In response to inquiries from the Honolulu media, the press office of Finmeccanica SpA, the parent company of Ansaldo Honolulu JV, today issued the following statement to clarify recent comments and reaffirm the corporation’s commitment to the Honolulu Rail Transit Project.

“The Finmeccanica Group – aiming to increase the value of its business in the best interest of both shareholders and customers – continues to grow to better serve its customers and shareholders and is willing to reinforce its presence in the sectors of its various activitiesin line with the company’s plan to continue expansion in international markets.

Within this framework, the restructuring of the rail transportation business will be a valuable development, designed to maximize market penetration of the company’s products and outstanding technologies worldwide. The AnsaldoBreda mass transit sector is highly efficient due to the high level of product standardization, and Finmeccanica is willing to enhance its organization to match its clients’ increasing needs and to improve the value for the shareholders.

For years, Ansaldo STS and AnsaldoBreda have worked together to deliver driverless steel-wheel steel-rail transit systems worldwide. As Finmeccanica stated to investors, Ansaldo STS – the leader of the Ansaldo Honolulu JV - is a highly valuable asset of the Group and is a well-respected and is undisputedly, a leading provider of transportation solutions.

The Honolulu driverless rail transit system will be Finmeccanica’s tenth driverless program. On behalf of its nearly 75,000 employees worldwide, Finmeccanica is pleased to reaffirm the company's full commitment to the Honolulu rail project. Finmeccanica (finmeccanica.com) is proud and honored to have been selected for this project, and will work tirelessly to ensure the people of Oahu receive a reliable system at best value.”

 
 
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Finmeccanica SpA Statement on Ansaldo Honolulu JV

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Contact: Press Office - Finmeccanica.com 
+39 06 32 47 3313 ufficiostampa[.]finmeccanica.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Leonardo S.p.a. securities in any jurisdiction including any other companies listed or named in this release.

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