DOCSLIB.ORG

Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report (Translation from the Italian original which remains the definitive version) ANNUAL REPORT ATM has been a leading transport provider in Milan for 85 years, transporting millions of people around the city every day. Consolidated experience, investment capacity and technological innovation are the foundations of its work. Letter to the shareholder Dear shareholder During the year, ATM S.p.A. significantly improved all its operating parameters. Net profit rose to over €10.8 million compared to €3.08 million in the previous year. Gross operating profit, an indicator of its core business, increased by 25%, reaching over €126 million after having exceeded €100 million in 2014. This increase was the result of the careful monitoring of all costs, which kept cost increases at levels less than proportional to the strong growth of revenues, which came from activities related to Expo and the parent’s overall higher number of passengers and mileage. The substantial economic equilibrium now achieved by all of the investees who have overcome the very critical situation of just a few years ago, along with the excellent performance of the Danish investee, Metro Service A/S, which operates the metro network in Copenhagen very successfully, contributed significantly to the parent’s net profit. At a consolidated level, the Group’s net profit was €25.8 million, including minority interests. An excellent result, with a strong increase compared to the €5.6 million achieved in the previous year. At the same time, the Group’s gross operating profit reached €163 million, a 36% increase compared to €120 million in 2014. From the beginning of 2015 (and in previous years), the whole Group worked towards following goals, fully aware of the complexities involved: the most well known and obvious was to ensure the continuity of an excellent service for visitors during the six months of Expo. Another objective was to balance the accounts in order to ensure the Group’s financial solidity. As these consolidated financial statements show, the Group succeeded in overcoming its challenges on many fronts, simultaneously paving the way for new scenarios in the coming year and the years that follow. The Group took on an exceptional workload for Expo and with a sense of responsibility, dedication and professionalism it transported over 26 million extra passengers, managing extraordinary flows and successfully adapting organisational and maintenance processes. It absorbed the enormous impact of 184 consecutive days of the exhibition without disturbing the balance of the city and ATM’s regular customers, citizens of Milan. The unanimously acknowledged high quality of the service provided for Expo and the perfect organisation shown during the IUTP World Congress & Exhibition 2015 in Milan both gave ATM the possibility to offer a tangible testimony to its abilities. The Group was under close scrutiny in those six months but is now regarded with admiration. ATM has recently received invitations to participate in tenders to manage local public transport (LPT) services in foreign cities. These initiatives outside Italy will naturally be evaluated with a lot of care and caution, rigorously verifying that they are, in fact, viable opportunities. ATM is healthy and efficient, but must continue to develop its productive elements as this is necessary in order to overcome ambitious and essential challenges. The only way to guarantee stability and safety is through the ability to organise an important investment plan for modernisation works. The determination to follow through with it will allow the Group to keep pace with the times and meet the growing expectations of customers to maintain and expand its presence in the panorama of public transport. Next year there may also be the question of a new service contract, which as other national experiences have shown, may not be the only feasible solution, owing to the ongoing legislative uncertainty. With all the variables that this circumstance brings, (also considering legitimate interests that are already showing themselves to be interested in taking over the management of the networks or part of them), it is a procedure that, in addition to generating an extraordinary workload in order to prepare the terms of the bid, will inevitably create turbulence in the performance of the Group’s core business. It will be crucial to safeguard the unity of the Group and its organisational model, as these are the elements that produced results. In 2015, the Group accomplished two other very important objectives. The implementation of an impressive investment programme (93% of which was carried out using the Group’s own funds, a percentage that was equal to 56.5% in 2010) and the hiring of 558 new employees. The decision to pay for the investments with its own resources was a virtuous choice, although it was also an obligation, due to the difficulty that the national authorities and regional institutions have in effectively assisting investments in the local public transport sector. These grants have dropped significantly in recent times and despite hoping that as a sector that is strategic for the development of the country, the flow of incentives will recover quickly, it is inevitable that a Group that intends to guarantee a satisfactory supply of its services must know to use its own resources. While waiting to secure greater support in terms of public grants to the investments made by the sector companies, it is essential that companies are able to generate funds through their operations. With this is mind, ATM implemented a huge investment plan for €626.6 million over three years, which was used for, amongst other things, the acquisition of metro trains for line 2, electric buses and 18 metre-long buses and the modernisation of systems on the green line. The figures related to the percentage of breakdowns (of all systems and rolling stock) on the metro lines, or rather the “major lines” on which Milan’s public transport network is based, are important. During 2015, the figures regarding these breakdowns (reported per kilometre travelled) improved by 13.8% compared to 2014, despite the increased services for Expo and the greater concentration during the summer period. The figures are even more significant when considering the fact that since 2012, improvements have always been visible and significant, in particular, they improved by over 50% from 2012 to 2015. Over the six months of Expo, this helped to guarantee a punctuality rate of over 98% on the metro lines, an outstanding performance, superior to the European benchmarks for lines of the same structure and age. Last but not least, in 2015, as a provider of travel tickets, ATM generated proceeds of €423 million, covering over 54% of the service contract costs of €779.7 million (gross of VAT), covering more than in previous years (it was 53% in 2014 and 48% in 2011). According to reliable estimates, this increase of around €37 million, was largely due to the flow of visitors to Expo (about 80%) as well as the strong impact generated by the overall increase of passengers using the network (nearly 34 million). The grants of €267.4 million that the Milan municipality received from the Lombardy region using the national transport fund, as well as minor grants from other bodies and proceeds from Area C, from parking fees and other proceeds related to the same activity transferred by ATM contributed to covering the remainder of the contract costs. In 2016, the Group will have to try to repeat the previous year’s successful results even though many positive factors that contributed to the 2015 net profit will not be repeated. There are many challenges that must be overcome. Firstly, the Group’s accounts must be able to absorb the growing personnel expenses related to the 558 new employees taken on in the last few months. It is essential that the successful recovery of productivity that started in recent years continues to grow, in order to generate the resources required to cover the investments and implement a group-level agreement for all the areas in which the workers and managers could use their ability to provide an organisational and economic development that is always closer to the service needs. Issues regarding the investee, Metro 5, will have a strong impact on the Group’s performance. ATM holds a minority investment in said investee, which prevents it from participating directly in the management of the many issues, which, since the beginning, have affected Metro 5. However, under the operation contract which entrusted ATM with the operation of the metro line, the ATM Group is identified, not only by the public, as the main body that can resolve the technical problems which still affect the line. Despite reiterating the specific limits of its role, the ATM Group, as a whole, shall be clearly committed to participating in the resolution of the above issues. Indeed, it is well aware that the “method” used to deal with and successfully overcome the challenges it has faced in the past, will need to be applied also to Metro 5 which needs to urgently resolve its problems. On behalf of the board of directors chairman Bruno Rota 3 Directors’ report 55 Consolidated financial statements 57 Financial statements 67 Notes 107 Annexes Directors’ report Directors’ report 3 4 COMPANY BODIES ........................................................................................................................................... 7 GOVERNANCE AND GROUP STRUCTURE .........................................................................................................
Load more

Recommended publications
  • IMESA Electrical Engineering COMPANY PROFILE
    IMESA Electrical Engineering COMPANY PROFILE …ho sempre creduto che al “…my commitment and personal primo posto, nella mia azienda, belief is that in my company dovesse esserci la qualità: quality must always come first, as del prodotto, del servizio, dei for products, service and business rapporti con i clienti, con i quali è relationship alike. With customers necessario dialogare, coordinarsi, it is necessary to dialog, cooperate condividere. La qualità pensai, ci and share experiences. Quality deve differenziare. È quindi per must differentiate us. questo che, nel 1972, ho scelto As a matter of fact, in 1972, I di produrre tutto internamente: chose to manufacture on my controllare l’intero processo, own to get the whole process dall’acquisto della lamiera al under control from the purchase collaudo finale, avrebbe garantito of raw materials to final testing: la qualità e ci avrebbe aiutato a this would have guaranteed crescere. the quality of our products and Oggi, che l’azienda è una helped us to grow. Today, that the realtà mondiale, che ha clienti company is a worldwide reality , importanti in ogni settore e che which as important customers in dispone di molte sedi, uffici, every sector and that has many Sergio Schiavoni mezzi e, soprattutto di personale offices, equipment, and, above all, highly qualified staff, I can say that Presidente della Holding altamente qualificato, posso affermare che quella scelta si è choice has been a winning one: Holding’s President rivelata vincente: la qualità è il the quality is our true heritage, nostro vero patrimonio, che ci which has allowed us to arrive ha consentito di arrivare fino ad until today and allows us to look to oggi e ci permette di guardare al the future with optimism, knowing futuro con ottimismo, sapendo di that we are on the right way.
    [Show full text]
  • Come Arrivare Mi.Co. Fiera Milano Congressi
    HARDWARE FORUM LA FIERA DELLA FERRAMENTA 25 - 26 settembre 2019 Mi.Co – Milano Congressi – Padiglione Nord, Livello 0 COME ARRIVARE MI.CO. FIERA MILANO CONGRESSI Mi.Co. Milano Congressi si trova nell’area della vecchia Fiera Milano, oggi Fieramilano City. Progettato nel 2002 e raddoppiato nel 2005, con l’attuale espansione (2011) il Mi.Co. – Milano Congressi si colloca di diritto fra i più grandi centri congressi d’Europa e del mondo, capace di accogliere fino a 18.000 persone in circa 70 sale conferenze. INGRESSO PEDONALE: VIA GATTAMELATA, GATE 14 VIALE SCARAMPO, GATE 3 INGRESSO AUTO: GATE 16 METROPOLITANA L’ingresso pedonale – Via Gattamelata - GATE 14 – si trova a pochi passi dalla fermata metropolitana Domodossola (linea lilla). All’uscita della metro seguire le indicazioni per Via Domodossola Numeri pari/C.so Sempione. Una volta in Largo Domodossola, girare a destra per Via Duilio fino a Porta Giulio Cesare. In alternativa è possibile utilizzare l’ingresso pedonale in Viale Scarampo – GATE 3 – il quale si trova a pochi metri dalla fermata della fermata Portello (linea lilla). Viale Scarampo Gate 3 IN AUTO Dalle tangenziali che circondano la città, seguire la segnaletica che indirizza a Fieramilanocity. Ingresso per le auto e parcheggio– GATE 16. IN TRENO + METROPOLITANA Stazione Centrale – Stazione Garibaldi Prendete la Metropolitana Linea 2 (verde) in direzione “Assago forum” o “Abbiategrasso” fino alla fermata Garibaldi FS. Cambiare con la linea 5 (lilla) in direzione “SAN SIRO stadio”, scendere alla fermata Domodossola o Portello Stazione Cadorna Prendete la Metropolitana Linea 2 (verde) in direzione “Cologno nord” o “Gessate” fino alla fermata Garibaldi FS.
    [Show full text]
  • Milano E La Sua Fiera
    REPORT MILANO numero 04 Milano e la sua Fiera Il ruolo di Fondazione Fiera Milano nella trasformazione e crescita dell’area metropolitana milanese Immagine in copertina: La «vela» di Massimiliano Fuksas, che caratterizza il quartiere di fieramilano-Rho REPORT MILANO numero 04 Milano e la sua Fiera Interventi di: Gianni Verga Fabio Storer Alessandro Balducci Filippo Del Corno Questo numero di REPORT MILANO è stato prodotto con il supporto e il contributo di: Collana Report Milano UN PROGETTO DI AIM è un’Associazione culturale no profit fondata nel 1987 che coinvolge banche, imprese ed enti per promuovere attività di ricerca e progetti che sosten- gano Milano e la sua area metropolitana nello svi- DIRETTORE luppo economico, sociale e culturale. Le sue linee di Carlo Berizzi azione sono la realizzazione di progetti nel campo della cultura, della società, del territorio e dell’arte, COMITATO SCIENTIFICO la promozione del territorio e dei suoi caratteri spe- Alessandro Balducci cifici, lo studio e la ricerca sulla realtà milanese e le Paolo Mazzoleni sue peculiarità ed esigenze. Centinaia le occasioni di Luca Montani dibattito, studio e confronto, sulla città, i suoi valori, i Emilia Rio suoi possibili futuri, il tutto condotto in collaborazione Luisa Toeschi con le più importanti istituzioni milanesi. Sono oltre cento le pubblicazioni prodotte che ripercorrono il Pier Giuseppe Torrani cambiamento di Milano, le sue capacità innovative, Gianni Verga le linee di sviluppo percorribili e l’impatto dell’Europa GRUPPO DI COORDINAMENTO sulle amministrazioni locali e sull’area metropolitana. Carlo Berizzi Susanna Conte I soci di AIM: Giuseppina Incorvaia Federica Mameli Antonella Minetto Silvia Ricchiazzi Massimo Tiano Lorenza Torrani NUMERO 04 A CURA DI Lorenza Torrani COORDINAMENTO, RICERCA E GRAFICA Laura Forti FOTOGRAFIE Archivio Storico Fondazione Fiera Milano TRADUZIONE Milano Traduzioni s.a.s.
    [Show full text]
  • JM Cohen*, AS Barron, RJ Anderson, & DJ Graham 1 IMPACTS of UNATTENDED TRAIN OPERATIONS (UTO) on PRODUCTIVITY and EFFICIENCY
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Spiral - Imperial College Digital Repository JM Cohen*, AS Barron, RJ Anderson, & DJ Graham IMPACTS OF UNATTENDED TRAIN OPERATIONS (UTO) ON PRODUCTIVITY AND EFFICIENCY IN METROPOLITAN RAILWAYS Judith M. Cohen*, Alexander S. Barron, Richard J. Anderson, and Daniel J. Graham Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ Corresponding author: Judith M. Cohen Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] Tel: +44 (0)20 7594 3486 Alexander S. Barron Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] Richard J. Anderson Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] Daniel J. Graham Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] SUBMISSION DATE: 1st August 2014 REVISED SUBMISSION: 14th November 2014 FINAL REVISION FOR PUBLICATION: 13th March 2015 WORD COUNT: 7444 Tables: (0) 0 Figures: (7) 1750 Abstract: 227 Text: 4738 References: 729 1 JM Cohen*, AS Barron, RJ Anderson, & DJ Graham ABSTRACT Urban metro subway systems (metros) around the world are choosing increasing levels of automation for new and existing lines: the global length of metro lines capable of unattended train operation (UTO) is predicted to triple in the next ten years.
    [Show full text]
  • El Proyecto Del Espacio Público En La Regeneración De La Ciudad Contemporánea. El Caso De Milán
    ESCUELA TÉCNICA SUPERIOR DE ARQUITECTURA GRADO EN FUNDAMENTOS DE LA ARQUITECTURA Trabajo Fin de Grado EL PROYECTO DEL ESPACIO PÚBLICO EN LA REGENERACIÓN DE LA CIUDAD CONTEMPORÁNEA. EL CASO DE MILÁN. Autora: por Rosalía Simón de Lama Tutor: por Juan Luis de las Rivas Sanz Dr. Arquitecto Septiembre 2019 EL PROYECTO DEL ESPACIO PÚBLICO EN LA REGENERACIÓN DE LA CIUDAD CONTEMPORÁNEA. EL CASO DE MILÁN. Autora: por Rosalía Simón de Lama Tutor: por Juan Luis de las Rivas Sanz 1 Piazza Duomo. Fuente: Elaboración propia EL PROYECTO DEL ESPACIO PÚBLICO EN LA REGENERACIÓN DE LA CIUDAD CONTEMPORÁNEA. EL CASO DE MILÁN. Autora: por Rosalía Simón de Lama Tutor: por Juan Luis de las Rivas Sanz 2 Resumen El espacio púbico en las ciudades contemporáneas debe encontrar una nueva forma de generar interés y crear nuevos focos para establecer una nueva urbanidad, independientemente de los centros históricos. En el último siglo la gran expansión de las ciudades ha creado amplias zonas periféricas con poca mezcla de usos y espacios públicos significativos para la ciudad. Este trabajo se centra en las intervenciones que intentan crear nuevos puntos de interés en las periferias urbanas, tomando la ciudad de Milán como base del trabajo. Los dos casos de estudio que se analizarán son las intervenciones de City Life y la operación de regeneración en torno a Porta Nuova. Estos proyectos son espacios que funcionan correctamente dentro de la red de espacio público de la propia ciudad; ya que se relacionan con la vida urbana, crean confort fomentando su uso y tienen bastante versatilidad. El primero, se produce al recuperar el terreno donde se situaba la antigua Fiera, al noreste de Milán, y se realiza por iniciativa pública.
    [Show full text]
  • Lavori in Sotterraneo Per EXPO 2015 Underground Works for EXPO 2015
    U-Bahn-Arbeiten für die Expo 2015 • Die Weltausstellung in Mailand Giovanna Cassani, M. Sc. Eng., Rocksoil S.p.A., Milano/IT Lavori in sotterraneo per EXPO 2015 L’esposizione universale a Milano In occasione della esposizione universale EXPO 2015 le strutture in sotterraneo milanesi hanno cono- sciuto un significativo sviluppo. Ben due nuove linee metropolitane sono state infatti progettate e costruite per questo importante evento internazionale, le Linee M4 ed M5 che permettono un più facile e veloce ingresso nel centro della città dalle aree circostanti. La prima con tracciato Est–Ovest e la seconda con tracciato Nord–Ovest. L’articolo descrive le opere progettate da Rocksoil nelle due tratte, che riguardano tutte le gallerie di linea di M4 ed M5, 10 stazioni in sotterraneo per la Linea M5 e 6 stazioni in sotterraneo sulla Linea M4. Underground Works for EXPO 2015 The Universal Exhibition in Milan Underground structures in Milan have undergone significant expansion in preparation for EXPO 2015, the Universal Exhibition. In fact, two new Metro lines, the M4 and the M5, which provide quicker and easier access to the city centre from the surrounding areas, have been designed and built for this impor- tant international event. The former runs east–west, and the latter north–west. 1 Introduzione 1 Introduction La prima opera realizzata è stata la linea M5 (lilla), realizzata Line M5 (lilac) was the first of the two lines to be construct- in Project Financing in due lotti funzionali distinti completa- ed. It runs entirely underground and was completed in two mente in sotterraneo.
    [Show full text]
  • Second Ferrovie Dello Stato Italiane Green Bond Framework June 2019
    Second Ferrovie dello Stato Italiane Green Bond Framework June 2019 INTRODUCTION FS ITALIANE GROUP Ferrovie dello Stato Italiane S.p.A. (Ferrovie, FS or the company) is an Italian state-owned company controlling several companies in the industrial sectors of transport, infrastructure, real estate, and other services. Ferrovie is the holding company of the Italian railway group (FS Group), which is the main provider of transport services in Italy by rail and bus both passenger and freight. As one of the largest industrial groups in the country, it manages rail and road networks and transport services, contributing to develop integrated mobility and logistics in Italy and abroad. The Group’s transport system carries approximately 750 million rail passengers, 300 million passengers on the road per year and 50 million tons of freight a year on a network of over 24,500 km of railway lines. Of these, around 1,400 km are high speed services1. Ferrovie’s main operating subsidiaries are: - Trenitalia is the incumbent railway passenger transport operator for national and regional services in Italy and provides services abroad mainly in UK and France. - Rete Ferroviaria Italiana is the railway infrastructure manager and owner of the Italian national rail network, operating via a 60 years concession started in 2000. - ANAS is the road infrastructure manager and owner of more than 29,000 km of roads, operating via a 30 years concession started in 2002. - Busitalia Sita Nord provides bus transport, both urban and suburban in Italy and in Netherlands. - Mercitalia Hub companies which provide integrated freight transportation and logistics services to several industries and clients both in Italy and abroad.
    [Show full text]
  • Concessions CSES 260210
    Ref. Ares(2015)1072698 - 11/03/2015 Framework Contract for projects relating to Evaluation and Impact Assessment activities of Directorate General for Internal Market and Services Analysis of Sectors concerned by Service Concessions Final Report December 2009 P O Box 159 Sevenoaks Kent TN14 5RJ United Kingdom Tel/fax: +44 (1959) 525122 Web site: www.cses.co.uk Partners: B Bright; MA Coyne; MIM Gardiner; A J Malan; M Whittle, J Smit Registered number OC309369 Registered Office: Westering House, 17 Coombe Road, Otford TN14 5RJ, UK. Analysis of sectors concerned by service concessions Contents SECTION PAGE Executive Summary 1. Introduction and Background 1 2. The Nature of Service Concessions 10 3. The Identification of Service Concession Sectors 20 4. Baseline Description 36 5. Potential Impacts of Legislation 88 6. Sectoral Impacts of Potential Legislation 114 7. Conclusions and Recommendations 166 Annexes – Page A. Definition of service concessions 176 B. Services set out in Annex II of the Classic Directive 177 C. Country summary descriptions 179 Analysis of sectors concerned by service concessions Executive Summary CSES has conducted an analysis of sectors concerned by service concessions over the period from mid-August to early December 2009. The aims of this analysis were : • the determine the sector spread of service concessions in eight Members States (the Czech Republic, Germany, Greece, Spain, France, Italy, Portugal, the United Kingdom); • to identify any sectoral issues to be taken into consideration in an assessment of the potential impact of certain legislative provisions that would bring service concessions into the public procurement framework. Service concessions are defined by the ‘Classic’ procurement Directive (2004/18/EC) as follows : ‘Service concession’ is a contract of the same type as a public service contract except for the fact that the consideration for the provision of services consists either solely in the right to exploit the service or in this right together with payment.
    [Show full text]
  • JM Cohen*, AS Barron, RJ Anderson, & DJ Graham
    JM Cohen*, AS Barron, RJ Anderson, & DJ Graham IMPACTS OF UNATTENDED TRAIN OPERATIONS (UTO) ON PRODUCTIVITY AND EFFICIENCY IN METROPOLITAN RAILWAYS Judith M. Cohen*, Alexander S. Barron, Richard J. Anderson, and Daniel J. Graham Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ Corresponding author: Judith M. Cohen Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] Tel: +44 (0)20 7594 3486 Alexander S. Barron Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] Richard J. Anderson Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] Daniel J. Graham Railway and Transport Strategy Centre, Centre for Transport Studies, Dept. of Civil and Environmental Engineering, Imperial College London, London, United Kingdom SW7 2AZ E-mail: [email protected] SUBMISSION DATE: 1st August 2014 REVISED SUBMISSION: 14th November 2014 FINAL REVISION FOR PUBLICATION: 13th March 2015 WORD COUNT: 7444 Tables: (0) 0 Figures: (7) 1750 Abstract: 227 Text: 4738 References: 729 1 JM Cohen*, AS Barron, RJ Anderson, & DJ Graham ABSTRACT Urban metro subway systems (metros) around the world are choosing increasing levels of automation for new and existing lines: the global length of metro lines capable of unattended train operation (UTO) is predicted to triple in the next ten years.
    [Show full text]
  • Ita Tribune 32
    TRIBUNETRIBUNE ASSOCIATION INTERNATIONALE DES TUNNELS ASSOCIATION ITA ET DE L’ESPACEINTERNATIONALE SOUTERRAIN DES TRAVAUX EN SOUTERRAIN ITA INTERNATIONALINTERNATIONAL TUNNELLING TUNNELLING AITES ANDASSOCIATION UNDERGROUND SPACE AITES ASSOCIATION ITA newsletter - la lettre de l'AITES N° 32 - JUIN 2008 - ISSN 1267-8422 N° 18 - JUIN 2001 - ISSN 1267-8422 Anzeige_Image_englisch_»Tribune ITA Newsletter«_DU: 16.5.08_210x297 mm_4c_020508oc_Fassung 01 HERRENKNECHT AG | UTILITY TUNNELLING | TRAFFIC TUNNELLING E 8 .0 0 1 WE FIND A WAY. ALWAYS. Herrenknecht AG is a technology and market leader in mechanized tunnelling. As the only provider of a full range of services worldwide, Herrenknecht delivers high-tech tunnel boring machines for all ground conditions and with all diameters – ranging from 0.10 to more than 16.0 meters. Herrenknecht’s tailor-made machines create pipeline systems for water and sewage, for gas and oil (Utility Tunnelling) as well as tunnelling systems for road, metro and railway traffic (Traffic Tunnelling) around the world. Our tunnel boring machines are forging ahead with the world’s longest railway tunnel and the largest metro lines. They help tunnelling under water with supreme accuracy and laying pipelines throughout continents. Herrenknecht sees itself as a partner in teamwork tunnelling throughout the entire project process, and comprehensive services for all aspects of tunnel boring activities com- plement our range. The Herrenknecht Group employs approximately 2,500 people and has 49 subsidiaries and associated companies working in related fields, e.g. in logistic solutions or deep drilling systems. We always find a way. Together with our clients. Herrenknecht AG D-77963 Schwanau Phone + 49 7824 302-0 Fax + 49 7824 3403 [email protected] www.herrenknecht.com TRIBUNE ITA newsletter la lettre de l'AITES Projet hydro-electrique de Chamera, Inde Chamera Hydro-electrical project, India SOMMAIRE • CONTENTS BUREAU EXÉCUTIF ET COMITÉ DE RÉDACTION EXECUTIVE COUNCIL AND EDITORIAL BOARD Editorial Editorial M.
    [Show full text]
  • The Original Documents Are Located in Box 16, Folder “6/3/75 - Rome” of the Sheila Weidenfeld Files at the Gerald R
    The original documents are located in Box 16, folder “6/3/75 - Rome” of the Sheila Weidenfeld Files at the Gerald R. Ford Presidential Library. Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Digitized from Box 16 of the Sheila Weidenfeld Files at the Gerald R. Ford Presidential Library 792 F TO C TATE WA HOC 1233 1 °"'I:::: N ,, I 0 II N ' I . ... ROME 7 480 PA S Ml TE HOUSE l'O, MS • · !? ENFELD E. • lt6~2: AO • E ~4SSIFY 11111~ TA, : ~ IP CFO D, GERALD R~) SJ 1 C I P E 10 NTIA~ VISIT REF& BRU SE 4532 UI INAl.E PAL.ACE U I A PA' ACE, TME FFtCIA~ RESIDENCE OF THE PR!S%D~NT !TA y, T ND 0 1 TH HIGHEST OF THE SEVEN HtL.~S OF ~OME, A CTENT OMA TtM , TH TEMPLES OF QUIRl US AND TME s E E ~oc T 0 ON THIS SITE. I THE CE TER OF THE PR!SENT QU?RINA~ IAZZA OR QUARE A~E ROMAN STATUES OF C~STOR ....
    [Show full text]
  • Traction Systems,General Power Supply Arrangements and Energy
    GOVERNMENT OF INDIA MINISTRY OF URBAN DEVELOPMENT REPORT OF THE SUB-COMMITTEE ON TRACTION SYSTEMS, GENERAL POWER SUPPLY ARRANGEMENTS AND ENERGY EFFICIENT SYSTEMS FOR METRO RAILWAYS NOVEMBER 2013 Sub-Committee on Traction System, Power Supply & Energy Efficiency Ministry of Urban Development Final Report Preface 1. Urban centres have been the dynamos of growth in India. This has placed severe stress on the cities and concomitant pressure on its transit systems. A meaningful and sustainable mass transit system is vital sinew of urbanisation. With success of Delhi’s Metro System, government is encouraging cities with population more than 2 milion to have Metro systems. Bangalore, Chennai, Kolkata, Hyderabad are being joined by smaller cities like Jaipur, Kochi and Gurgaon. It is expected that by end of the Twelfth Five Year Plan India will have more than 400 km of operational metro rail (up from present 223 km). The National Manufacturing Competitiveness Council (NMCC) has been set up by the Government to provide a continuing forum for policy dialogue to energise and sustain the growth of manufacturing industries in India. A meeting was organized by NMCC on May 03, 2012 and one of the agenda items in that meeting was “Promotion of Manufacturing for Metro System in India as well as formation of Standards for the same”. In view of the NMCC meeting and heavy investments planned in metro systems, thereafter, Ministry of Urban Development (MOUD) have taken the initiative to form a committee for “Standardization and Indigenization of Metro Rail Systems” in May 2012. The Committee had a series of meetings in June-August 2012 and prepared a Base Paper.
    [Show full text]