Siemens Denies Extent Of Delay In Train Delivery To Deutsche Bahn
June 24 2011 - 10:21AM
Dow Jones News
German engineering conglomerate Siemens AG (SI) Friday said
delivery of new high-speed trains to Deutsche Bahn AG will be
delayed by three months, but denied a report saying it may not be
able to provide them until 2013.
"The delivery of Siemens' first set of Velaro D trains will be
delayed by only up to three months due to delays at a supplier," a
Siemens spokesman told Dow Jones Newswires.
The company expects to deliver the first units in February 2012,
with a total of 14 trains to be delivered in the coming year, the
spokesman said.
In December 2008, Deutsche Bahn placed an order with Siemens for
the Velaro D eight-car high-speed trains for Germany, which were
scheduled to be delivered this year.
Earlier Friday, Financial Times Deutschland reported that
Siemens' delay in delivering new high-speed trains to Deutsche Bahn
AG could jeopardize the railway operator's plans to offer a service
to London by 2013, citing a report by Deutsche Bahn's management
board.
The newspaper reported that Siemens will now only be able to
provide them in 2013 at the earliest, with deliveries extended
until 2015.
"We can't understand the delivery dates for the Velaro D stated
in the report," Siemens said.
The newspaper also reported that the delay would also make it
impossible for Deutsche Bahn to remedy a train shortage in its
national fleet by next year, in an advance edition of its Saturday
publication.
Deutsche Bahn added, "We don't think it has anything to do with
planned services to London."
-By Kirsten Bienk, Dow Jones Newswires; +49 69 29725 500;
kirsten.bienk@dowjones.com
(Nico Schmidt in Frankfurt contributed to this article.)
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