Siemens Manufactures Parts for a New Train Generation in Graz

IndustrialsIndustrial Goods ♦ Published: May 11, 2011; 07:05 ♦ (Vindobona)

Siemens manufactures components for 130 new trains for the Deutsche Bahn (DB-German Railways) until 2030 in Graz. The contract is worth € 6.0bn.

Siemens Manufactures Parts for a New Train Generation in Graz / Picture: © Siemens AG Österreich

Deutsche Bahn AG and Siemens AG have officially signed the billion-euro contract for the construction of up to 300 new long-distance trains. The framework agreement calls for 130 trains for the DB to be delivered until 2030. Another 90 are planned. The potential order amount for the 220 trains is around six billion euro. The remaining 80 trains can be ordered at any time by the…