Siemens Mobility Gets Train Order Worth EUR1 Billion from Deutsche Bahn
July 15 2020 - 6:47AM
Dow Jones News
By Kim Richters
Siemens AG's mobility arm won an order worth 1 billion euros
($1.14 billion) for high-speed trains from Deutsche Bahn AG, the
companies said Wednesday.
Siemens Mobility will provide 30 new ICE high-speed trains to
the German railway company, they said in a joint statement.
The trains will initially run between the German state North
Rhine-Westphalia and the city of Munich, starting in 2022. They
will be built in Germany and Austria.
"In addition to the 30 new ICE trains just ordered, there is an
option for an additional 60 trains," the companies said.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
July 15, 2020 06:32 ET (10:32 GMT)
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