30 April 2009, 12:00 pm

Ansaldo STS (STS.MI), leader of a Consortium formed with Cobra, has awarded a 4 years contract renewal by ADIF (Administrador de Infraestructuras Ferroviarias) to provide maintenance services on ETCS and signalling equipment of Madrid - Lerida 460 km section of High Speed Line linking Madrid - Barcelona to the French border.

The overall value of the contract (60% for Ansaldo STS and 40% for Cobra) is worth EUR 55 million.

The value of the contract to Ansaldo STS is worth EUR 33 million.

Contract is to be completed by 2013 with a possible 2 years extension.