China Railway concession for the underground achieved in the Turkish capital

Through the grant, CSR will provide the Turkish capital of 324 wagons for the four main lines of the underground, at a price of 394.9 million dollars (equivalent to 3.1 percent of its sales revenues in 2011).

CSR made its first shipment of 15 cars over a period of 20 months, while the rest will be done in the 19 months, the company said.

The price of the shares in CSR on Wednesday were revalued by 2.4 percent on the Shanghai Stock Exchange and 2.8 percent in Hong Kong.

The Chinese railway company was in the thick of last year, as the builder of the bullet trains in July 2011 were the first fatal accident of the national high-speed, that killed 40 people in Wenzhou (East China .)