September 18, 2018Ansaldo STS, as the Lead entity of the FLOW Consortium is awarded the contract for the Operation and Maintenance Services of Lines 3, 4, 5 & 6 of Riyadh Metro
(WorldNews Japan)

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice. Ansaldo STS (STS.MI), as Leader of FLOW consortium1, has received yesterday a letter of award from ArRiyadh Development Authority (ADA) related to the operation and maintenance services contract of Lines 3, 4, 5 and 6 of Riyadh Metro. The contract covers a period of 12 years including the mobilization period, and has a total value to the FLOW Consortium of 10.9 billion Saudi Arabian Riyals, equal to 2.9 billion USD. Ansaldo STS` share is equal to about 1 billion USD....