Balfour Beatty, the international infrastructure group, announces today that in consortium with Thales, it has been awarded a £335m contract by the railway operator and developer in Denmark, Banedanmark, to transform much of the country’s rail signalling system.
Balfour Beatty Rail and Thales will form a collaborative and integrated team to deliver this exciting project covering approximately 60% of Denmark’s railway network. Balfour Beatty’s part in the contract, which is valued at £90m, involves an integrated approach to the project by its Rail division in signalling installation, complemented by programme management services from Parsons Brinckerhoff.
Following the European Union rail network directive, which requires operators to upgrade train protection systems, Banedanmark has opted to replace its existing signalling system with a new, technologically advanced system aimed at improving efficiency, safety and punctuality.
Commenting on the award, Balfour Beatty Chief Executive, Ian Tyler, said:
“This award represents further evidence of both the geographic reach and technical capability of the teams in our Rail and Professional Services divisions, the combined skills of which were critical in securing this award. Working in partnership with our colleagues at Thales, we look forward to helping create a new benchmark for rail signalling performance on behalf of this valued client.”
Analyst/investor enquiries:
Basak Kotler
Balfour Beatty plc
Tel +44 (0)20 7216 6924
Media enquiries:
Matt Graydon
Balfour Beatty plc
Tel +44 (0)20 7216 6911
