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MND: LST awarded renovation contract for Paris Montmartre funicular   (2016/02/24 1:40 PM)

The MND Group (FR0011584549, MND), an innovative developer of mountain and urban mobility solutions, is listed on the Paris Euronext regulated market, compartment C.

MND today announces that its subsidiary LST, a cable transport specialist and reputed ropeway designer and constructor, has been awarded the contract to renovate the Montmartre funicular railway by Paris public transport operator RATP. For LST, this is a major icon in the world of urban cable transport, as the funicular is the busiest in the world, carrying around four million passengers a year.

The three-year contract covers the complete overhaul of the two machineries of the funicular lines and major inspections of the two cars.

One of the many challenges involved in this highly technical renovation operation is to ensure continuous service during the work, which will be fit into a very narrow time frame between the end of the Montmartre harvest festival in October and the start of the Christmas holidays. The project therefore requires tight planning of on-site operations.

Roland Didier, MND's Deputy General Manager, made the following comments: “We are particularly proud to have won this iconic contract thanks to the efficient technical solution we were able to offer. It will strengthen our positioning in the urban cable transport sector, a hive of opportunities for which MND Group has renewed its product range and developed its innovative CABLINE system. Gaining the trust of a particularly demanding operator like RATP for a major line in its network proves that MND is regarded as a key player in the booming environment-friendly transport market, and brings us closer to our targets."

Find all the information you need on www.mnd-bourse.com

About MND Group: The MND Group has been based at Sainte Hélène du Lac (Savoie), in the very heart of the French Alps, since 2004. MND is one of the few market players to have a global range of products and services dedicated to the development, equipping and protection of ski resorts, leisure areas and other mountain infrastructure. Buoyed by its industrial expertise in the mountain cable transport market and by innovative technology protected by worldwide patents, the MND Group has strong growth potential in the urban cable public transport field, where it offers an unobtrusive alternative mode of urban transport. With five manufacturing plants in Europe, eight distribution subsidiaries and 30 distributors worldwide, the MND Group has 330 employees and almost 3,000 customers in 49 countries.


MND Group – Roland Didier – Tel +33 (0)4 79 65 08 90
Actus Finance – France Bentin or Marie-Claude Triquet - +33 (0) 4 72 18 04 94 - fbentin@actus.fr / mctriquet@actus.fr

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