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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.98 | -1.11% | 175.64 | 175.50 | 175.78 | 178.06 | 175.50 | 177.42 | 23,917 | 22:50:02 |
From May 2022 to May 2024
By Pierre Bertrand
Siemens AG on Monday said that its mobility unit received its largest-ever order of locomotives, which are destined for India, for an overall contract value of approximately $3.25 billion.
The German industrial company said its mobility unit received an order for 1,200 electric locomotives from Indian Railways. The unit will design, manufacture, commission and test the locomotives and, as part of the contract, will also provide 35 years worth of service and maintenance.
The delivery of the locomotives is planned over an 11-year period, Siemens said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
January 16, 2023 08:01 ET (13:01 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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