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By Nathan Allen
Siemens AG (SIE.XE) said Thursday that it has received an order valued at more than 200 million euros ($225.7 million) to supply trams to the city of Munich.
The German engineering group will supply 73 Avenio trams to Munich's public-transport operator Stadtwerke Muenchen, with delivery to begin in 2021, the company said.
The new trams will supplement Munich's existing Avenio fleet, Siemens said.
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(END) Dow Jones Newswires
July 04, 2019 05:46 ET (09:46 GMT)
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