Common use of Company Background Clause in Contracts

Company Background. NedTrain B.V. (NedTrain) is specialized in maintenance, servicing, cleaning and overhaul of rolling stock. NedTrain, previously NS Equipment (NS Materieel), has more than 150 years of experience in the maintenance of rolling stock. NedTrain is a fully owned subsidiary of the Dutch railways (NS), which is a company owned by the Dutch government. The installed base which is maintained by NedTrain consists of 2850 coaches. Currently, about 3000 full time employees are working at NedTrain. The turnover in 2006 amounted to 475 million Euro (NedTrain, NS, 2012). NedTrain has 35 service sites (SB), 4 maintenance depots (OB) and 2 refurbishment workshops, which are all located in the Netherlands. The main services NedTrain provides are (NedTrain, 2012): Maintenance on daily, short term (every three months) and long term base (every 15 years) Overhaul, which is the repair of parts and refurbishment, which is the modernization of the rolling stock