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Toshiba wins 6 bil. yen order for train equipment systems in Brazil

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(Globalpost/GlobalPost)

Toshiba Corp. said Thursday it has an order to deliver electrical equipment systems for trains operated in suburban Rio de Janeiro for about 6 billion yen.

The Japanese electrical machinery manufacturer said it will supply propulsion, train monitoring and other systems for 60 trains between September this year and December 2014 to a consortium of two Chinese companies.

Toshiba sees Brazil as an important emerging market that is likely to see major growth in the coming years as it promotes a growth acceleration program including investment in electricity generation and transmission and upgrades of its transportation network ahead of the World Cup next year and the Summer Olympics in 2016.

==Kyodo

http://www.globalpost.com/dispatch/news/kyodo-news-international/130627/toshiba-wins-6-bil-yen-order-train-equipment-systems-b