Tesmec S p A : Official award of the third lot of the RFI tender

TESMEC S.P.A.: TESMEC GROUP RECEIVED THE AWARD OF THE THIRD LOT OF THE RFI TENDER FOR THE SUPPLY AND FULL MAINTENANCE SERVICE OF RAILWAY VEHICLES FOR REGIONAL DIAGNOSTIC IN NODES, YARDS AND JUNCTIONS.

The subsidiary Tesmec Rail S.r.l received notice of the effectiveness of the final award of lot no. 3 for a total value of Euro 49.8 million related to the tender for the supply of diagnostic railway vehicles.

Grassobbio (Bergamo - Italy), 15 December 2020 - Tesmec S.p.A. (MTA, STAR: TES), at the head of a group leader in the market of technologies for infrastructures (overhead, underground and railway networks) related to the transport of energy, data and materials (oil and derivatives, gas and water), and of technologies in surface mining, announces that its subsidiary Tesmec Rail S.r.l. received notice of the effectiveness of the final award of the 3rd lot of the tender of RFI - Rete Ferroviaria Italiana S.p.A, the company of the Ferrovie dello Stato Italiane Group responsible for the overall management of the national railway network, for the supply and Full Maintenance Service of railway vehicles for regional diagnostic in nodes, yards and junctions.

The total value of the awarded lot, net of the offered discount, amounts to approx. Euro 49.8 million. The supply of 4 railway vehicles for regional diagnostic in nodes, yards and junctions will be completed within approx. 3 and a half years and it will also include a full maintenance service (FMS).

This achievement is the result of the path undertaken in recent years by the Tesmec Group for the development of railway systems with high technological content.

Following the notice of the effectiveness of the final award, Tesmec Rail will formalize and send the remaining documentation to proceed with the stipulation of the contract.

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For further info:
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This press release is also available on www.tesmec.com in the "Investors" section: http://investor.tesmec.com/it/Investors/PressReleases

Tesmec S.p.A. - via Zanica, 17/O - 24050 Grassobbio (Bergamo) - Italy

Tel. [phone] - Fax [phone] - [e-mail] - www.tesmec.com

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Tesmec Group

Tesmec Group is active in the design, production and marketing of systems and integrated solutions for the construction, maintenance and diagnostics of infrastructures (overhead, underground and railway networks) for the transport of energy, data and materials (oil and derivatives, gas and water), as well as technologies for quarries and surface mining. The Group operates in the following sectors: - Energy. Tesmec Group designs, manufactures and markets machines and integrated systems for the construction and maintenance of overhead and underground power lines, fibre optic networks (Stringing segment), as well as advanced equipment and systems for the automation, efficiency, management and monitoring of high, medium and low voltage electrical networks and substations (Energy Automation Segment); - Trencher. Tesmec Group carries out the design, production, sale and rental of trencher machines functional to four types of activities (excavation and mines, excavations for the installation of pipelines, for the construction of telecommunication and optical fibre infrastructures, excavations for the construction of underground power networks), as well as the provision of specialized excavation services. The trencher machines are rented by the Group both with the operator (hot rental or wet rental) and without the operator (cold rental or dry rental); - Railway. The Group designs, manufactures and markets machines and integrated systems for the installation and maintenance of the railway catenary, devices for the diagnostics of the railway catenary and track, as well as customized machines for special operations on the line.

Born in Italy in 1951 and led by the Chairman and CEO Ambrogio Caccia Dominioni, the Group counts on more than 900 employees and has its production sites in Grassobbio (Bergamo), Endine Gaiano (Bergamo), Sirone (Lecco) and Monopoli (Bari) in Italy, Alvarado (Texas) in the USA and Durtal in France. It relies on three research and development units in Fidenza (Parma), Padua and Patrica (Frosinone). Listed on the STAR segment of the MTA Market of the Italian Stock Exchange, the Group boasts a global commercial presence through foreign subsidiaries and sales offices in the USA, in South Africa, West Africa, Australia, New Zealand, Russia, Qatar and China.

In its development strategy, the Group intends to consolidate its position as a solution provider in the three abovementioned business areas, by exploiting the trends of energy transition, digitalization, and sustainability.

Tesmec S.p.A. - via Zanica, 17/O - 24050 Grassobbio (Bergamo) - Italy

Tel. [phone] - Fax [phone] - [e-mail] - www.tesmec.com

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