Nexans to supply specialized cables for new Seoul Metro trains
At Innotrans, Nexans has announced it won an order worth more than 3 million euros to supply specialized power and control cables for new trains destined for Seoul Metro Line 3
Paris, September 23, 2008 – Nexans, the worldwide leader in the cable industry, has received an order worth more than 3 million euros from Hyundai Rotem, the South Korean rolling stock manufacturer, to supply specialized power and control cables for new trains currently under construction for the Seoul Metro Line 3.
Seoul Metro is the public corporation responsible for subway Lines 1-4 in South Korea’s capital. It is one of the busiest transportation systems in the world, with its trains having travelled 5 trillion km by June 2008, less than 34 years after the first line (Line 1) opened in 1974.
In order to ensure the continued passenger comfort and reliability of the Seoul Metro, Hyundai Rotem is currently working on a project to put 330 new train cars into service between 2009 and 2010. The Nexans contract involves the supply of some 80 per cent of all the power and control cables required for the new trains.
“Hyundai Rotem is committed to fast delivery of the first batch of new trains for Line 3, so the key factor that enabled Nexans to win this contract was our ability to deliver large quantities of specialized cables to meet a very tight production schedule” said Dietmar Steinbach, Nexans Global Segment Manager for Rolling Stock. “And of course, they knew they could rely on Nexans’ technical expertise to ensure full compliance with all relevant standards combined with excellent reliability.”
The cables for the Seoul Metro trains comply with the French standard NFF. They will be manufactured in the Nexans plants in Paillart, France and Monchengladbach, Germany, with delivery between September 2008 and May 2009.
With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry, building and Local Area Network markets. Nexans addresses a series of market segments from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear power, automotive, electronics, aeronautics, handling and automation. With an industrial presence in 39 countries and commercial activities worldwide, Nexans employs 22,800 people and had sales in 2007 of 7.4 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. More information on www.nexans.com