By Olivia Bugault

 

ABB Ltd. said Friday that it has won orders from Swiss-based rail vehicle manufacturer Stadler Rail AG to provide traction converters and energy-storage systems to power trains in Germany.

The orders will "enable energy efficient and sustainable transportation for operators Nahverkehrsverbund Schleswig-Holstein GmbH in northern Germany and Berliner Verkehrsbetriebe in the German Capital," the Swiss engineering company said.

The financial details of the contract weren't disclosed.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

April 16, 2021 02:54 ET (06:54 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
ABB (NYSE:ABB)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more ABB Charts.
ABB (NYSE:ABB)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more ABB Charts.