1. TALGO PRESENTATION, PODGORICA 25.01.10

2. HISTORY Established in 1942 Over 65 years in business
Over 3,000 vehicles built
Standard and customized applications
Unique technology
100% compliance with all deliveries
Safety record (accidents demonstrated crashworthiness; minimal injuries/deaths)

3. TALGO WORLDWIDE

4. TALGO WORLDWIDE USA GERMANY Kazajstán Bosnia y Herzegovina HS in Spain
Spain and Europe
Intercity services
Ploce
Mostar
Belgrado
Zagreb
Ljubljama
Sarajevo
Paris
Zurich
Milán
Lisboa
Montpellier

5. TALGO IN UZBEKISTAN
Uzbek Railway has chosen Talgo for the supply of 2 High Speed trains (Talgo 250), with international gauge (1445).
Project signed in November 2009.
Delivery of the trains: end of 2011 and 2012.
Completely manufactured by Talgo, including power units (traction).
UZBEKISTAN COURSE

6. INTERNATIONAL EXPERIENCE
GERMANY TALGO (Deutschland) GmbH.
Offices and maintenance workshop
Since 1994 – Berlin Maintenance services to DB
Overnight trains connecting Munich to Berlin and Hamburg on a daily basis
TALGO (Deutschland) GmbH is dedicated to maintenance activities for Talgo trains, conventional trains, and after sales services for underfloor wheel lathes and measuring equipments.
The number of members of staff amounts to 87

7. INTERNATIONAL EXPERIENCE
USA: Talgo in the USA:
Subsidiary Offices and Maintenance Facility
Since 1994 – Seattle
Two facilities In Seattle, WA :  Headquarters and Maintenance facilities
Office for government affairs, external relations and business development in Washington DC.
Maintenance services performed on the five AMTRAK Cascades trains
Talgo employs 35 people and manages 23 direct labor provided
by AMTRAK

8. INTERNATIONAL EXPERIENCE
KAZAKHSTAN: Talgo Kazakhstan
Offices and maintenance facility
Since 2002 – Almaty
Maintenance services to TEMIR ZHOLY
Integral overhauling of Talgo Rolling Stock, maintenance and repair of overhauling equipment
Talgo Kazakhstan employs 51 people

9. INTERNATIONAL EXPERIENCE
FINLAND
– Offices in Oulu and factory in Otanmaki
Design and manufacturing of Double Deck aluminium coaches and engineering products
RAILWAYS OF FEDERATION BOSNIA & HERZEGOVINA (ZFBIH)
Supply of 9 loco hauled trains + maintenance equipment
Delivery between 2010 and 2011
Future maintenance base in Sarajevo

10. EXPERIENCE TALGO TRAINS IN SERVICE IN SPAIN
Talgo III
Nº Trains 9
Talgo 350
Nº trains 46
4th Generation
Nº Trains 16
Talgo DMU
Nº trains 2
Talgo 350
Nº trains 1
Sleeper
Nº Trains 38
6th Generation
Nº Trains 22
Talgo 250 EMU
Nº trains 45
7th Generation
Nº Trains 11
TOTAL
Nº Trains 190
Nº CARS > ,190

11. TALGO TRAINS COMPARED WITH THE REST:
THE BEST IN:
NOISE EMISSIONS
ACCESIBILITY (550mm-760mm)
INTERIOR SPACE
NUMBER OF AXLES PER TRAIN
FLEXIBILITY
ONE OF THE BEST IN:
ENERGY CONSUMPTION PER SEAT
RUNNIG QUALITY AND BEHAVIOUR
CONFORT FOR THE PASSENGERS
VALUE ADDED SERVICES: MAINTENANCE

12. TALGO TECHNOLOGICAL PRINCIPLES

13. TALGO RECENT DEVELOPMENTS A New Development for Passenger and Freight Transport

14. TALGO RECENT DEVELOPMENTS A New Development for Passenger and Freight Transport
1st 100% Spanish High Speed Loco 1st Loco with Variable Gauge available in the market

15. TALGO RECENT DEVELOPMENTS New Hotel Train 7th Generation

16. Electric, dual voltage and variable gauge
TALGO RECENT DEVELOPMENTS TALGO 250 INTERCITY

17. TALGO RECENT DEVELOPMENTS TALGO 250 HYBRID TRAIN
Suitable for use on both gauges (European standard and Iberian), both electrified (25 kV and 3 kV) and without electricity.
Maximum speed: 250 km / h.
Energy required to operate in non-electrified routes is obtained from the two generators mounted in the car ends.
Coach
Unit/train
Seats/coach
Seats
Power Head 2
Technical car
Tourist 6 36
216
Bistro 1
1st class PRM 23
1st class 26
Global Places
265

18. TALGO RECENT DEVELOPMENTS
The Future of High Speed by Talgo!

19. TALGO ACTIVITIES AND PRODUCTS Train maintenance
Manufacturing
On-board operation
Feed-back
Know-how
Maintenance

20. TALGO ACTIVITIES AND PRODUCTS Maintenance results
Night train TALGO PENDULAR Talgo PENDULAR
DB AG (Germany) RENFE (Spain) AMTRAK (USA)
Reliability ,90% ,86% %
Availability % ,99% ,95%

21. TALGO ACTIVITIES AND PRODUCTS Equipment for maintenance
The Talgo know-how is also used for the development of maintenance equipment for railway vehicles:
Under floor Wheel Lathes
Towing Cars
Bogie changing equipment
Wheel changing equipment
Laser driven Equipment for Automatic Measurement of Wheel Parameters (EVA)
Equipment for Ultrasonic Crack Detection on the Wheel Surface (DSR)

22. TALGO ACTIVITIES AND PRODUCTS Equipment for maintenance: World References

23. FINANCIAL SUPPORT IN CONCESSIONARY TERMS FAD / FEV LOANS
What is this?
Spanish State’s loans at concessionary terms:
Low interest rates
Soft repayment
Concessionary rate
Grace period
What institutions do intervene?
Ministry of Industry, Turism & Commerce (approval)
Official Credit Institute, ICO (payment)
Spanish Commercial Office (procedures)
Ministry of Transport / Ministry of Finances (request)
Key issues
Not commercial feasibility.
FEV authorized only if there is exportation/investment project

24. FINANCIAL SUPPORT IN MARKET TERMS INTEREST RATE POLICY (CARI)
Spain ensures credit profitability to the financial entity.
This is a financial incentive that allows fixed interest rates to long term credits.
What is this?
What conditions does the system have?
Fixed “r” > variable “r” + margin ICO pays to private financial entity
Fixed “r” < variable “r” + margin private financial entity pays to ICO
What institution do intervene?
Official Credit Institut, ICO (financial agency)
The buyer / importer and the seller / exporter
The financial entity
Articulated under a loan. Importer subscribes for CARI.
Applies for buyer credit (min. 2 years)
Key issues
Acts as a system to secure the interest rates market conditions of the loan against market variations

25. TALGO’S PROPOSAL FOR COLLABORATION WITH RAILWAYS OF MONTENGREO
To carry out a simulation to demostrate the journey time reduction between Bar and Belgrade with Talgo tilting coaches
In other projects related with locos, passengers coaches, maintenance equipment and maintenance services
Analyse possibilities for industrial local collaboration
To provide financial solutions: leasing, private financing or public financing in the acquisition of rolling stock

26. For more information: www.talgo.com
Thank you very much!!
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