Siemens receives 1 bln euro order from Russian Railways By Reuters

© Reuters. Siemens receives 1 bln euro order from Russian Railways

FRANKFURT (Reuters) – Siemens on Friday said RZD Russian Railways had placed an order for 13 high-speed Velaro trains under a contract worth 1.1 billion euros.

The deal between Siemens Mobility and Ural Locomotives, a joint venture of Sinara Group and Siemens AG (DE:), is for trains operating on a 650 kilometer line between Moscow and St. Petersburg and includes a 30 years maintenance deal, Siemens said.

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2019-06-07

By: Staff Writer

On: June 7, 2019

In: Hot Stock News

Tagged: bln, euro, order, Railways, receives, Reuters, Russian, Siemens

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