Signalling Business Unit

The orders acquired at 30 June came to EUR 22 million, a signifi cant decrease from the same period of the preceding year, whose performance was to be considered exceptional as compared with the typical trend of the segment (EUR 390 million at 30 June 2009).

The order backlog at 30 June 2010 came to EUR 1,900 million as compared with EUR 1,535 million at 30 June 2009 and EUR 1,980 million at 31 December 2009.

The main events of the first half of 2010 referring to the Signalling Business Unit are outlined below.

ITALY

The contracts acquired during the period include the awarding of the ACC system of the Genoa railway junction, the reconfi guration of the ATC on the Verona-Florence section for Rete Ferrovie Italiane (RFI), the upgrade of the Peripheral Stations of the Genoa metro and the installation and check of the ATC (on-board) equipment for vehicles intended for regional passenger transportation (Firema - MetroC). Good results were also achieved in the segment of components and maintenance of existing lines.
Present offers include that for the Turin-Padua railway line for the renewal of the signalling and automation systems and orders for the completion of ongoing projects at the Brescia and Rome metros.

REST OF EUROPE

These include the project for the strengthening of the Control Traffi c Centre (CTC) in Boden, Sweden, and new opportunities on changes of ongoing projects (ESTER). Signifi cant results were also achieved in both the on-board and the wayside components in France, as well as in maintenance services for the existing lines and the equipment of the level crossings of a railway line.
Present offers include those for the high-speed lines in France (PF LGV SEA), which will probably be awarded within the year 2010, while in Northern Europe activities in the UK are to be reported for the 2nd and 3rd stages of the Cambrian Line: in Sweden, Stockholm Metro Red line, an offer was submitted for CBTC in the fi rst quarter 2010, which should be assigned by the end of 2010.

NORTH AMERICA

In the U.S.A. there were orders for the maintenance and sale of spare parts of existing lines in order to preserve and maintain safety and reliability over time and for order alternatives on ongoing projects. Present offers include those in the metro segment using traditional technology, such as the offer for Honolulu for a driverless metro system and the offer in Florida for Sun Rail. Other activities relate to the Washington metro. In Canada, always in the metro segment, the opportunity for STM Montreal is to be noted.

NORTH AFRICA AND THE MIDDLE EAST

The orders acquired include those for the hot box detector (HBD) pilot project in Marocco for orders for twenty-two devices during the year, as well as signifi cant opportunities for level crossings.
Present offers include those in Algeria for conventional railway lines and the important order that should be assigned during the year 2010 in Libya for the Sirt-Bengazi line, regarding level 2 ERTMS equipment, Interlocking, CTC, surveillance equipment and power supply systems. In Tunisia there is a possibility that offers may be needed for level crossings in 2010, while in Kazakhstan efforts focused on the acquisition of an important order for equipping 300 km of railway lines with level 1 ERTMS equipment and a CTC system.

ASIA PACIFIC AND SOUTH AFRICA

The contracts acquired include those in India in the metro segment and those in Australia in the railway segment for passenger (ARTC TOS - Train Order System) and goods (Rio Tinto) transportation, confi rming the trend to the growing attention paid to the care and maintenance of the performance of the existing lines.
In Malaysia the Batu Gaju Workshop was completed successfully in the fi rst quarter of 2010, and engineering activities continue for the strengthening of the section in the North of the country (Malaysian North Double Tracking - MNDT), and in Botswana an agreement was reached for an important contract for railway maintenance which should be signed in the second half of 2010.
Present offers include those in China in the conventional railway segment for Pearl River Delta (level 1 ERTMS, ATO, ATP) and other offers for the supply of onboard equipment, as well as other opportunities in the metro lines segment. In South Africa efforts are focusing on the fi nalisation of the fi rst signifi cant contract (Viljoensdrif), and in the second half of the year the engagement for the installation of the first Microlok in the country might be assigned. In India in the metro segment, activities for the Kolkata Metro are under way. In the Australian region, the main opportunities relate to projects for the railway transportation of goods with both the ARTC consortium and Rio Tinto.

SOUTH AMERICA

Present offers include those for the Valencia metro in Venezuela, and works should be assigned during the year for the upgrading of the conventional railway lines in Brazil, as well as works for the metro segment (Saõ Paulo, Santos, Supervia).