Siemens Gets $1.69 Billion Order for High-Speed Trains in Germany
February 01 2022 - 5:14AM
Dow Jones News
By Ed Frankl
Siemens on Tuesday said that it received an order for high-speed
trains in Germany worth around 1.5 billion euros ($1.69
billion).
The country's state-owned rail company Deutsche Bahn ordered 43
new ICE 3neo trains, expanding the operator's fleet to 73, it said
in a joint statement with Siemens.
Deutsche Bahn had previously ordered 30 trains of the type in
July 2020, with the first entering service at the end of 2022, the
statement said.
The order increases Deutsche Bahn's ICE fleet to around 450
trains by the end of the decade, the companies added.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
February 01, 2022 04:59 ET (09:59 GMT)
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