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SIE Siemens AG

177.66
4.10 (2.36%)
26 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Siemens AG TG:SIE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.10 2.36% 177.66 177.52 177.78 178.00 174.14 174.38 51,869 22:50:02

Siemens Gets $1.69 Billion Order for High-Speed Trains in Germany

01/02/2022 10:14am

Dow Jones News


Siemens (TG:SIE)
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   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)

Copyright (c) 2022 Dow Jones & Company, Inc.

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