13 October 2008, 12:00 pm

Ansaldo STS (STS; MI), through its Australian subsidiary Ansaldo STS Australia, has signed a new agreement with national transport and logistics company QR Limited to provide significant signalling infrastructure to Queensland’s rapidly expanding coal rail network. Under the agreement Ansaldo STS and its Alliance partners will generate more than EUR 26 million in revenue per annum, over the next five years, for a total worth more than EUR 130 million.