Home News Siemens signed on Merkel’s trip to Russia Major contract

Siemens signed on Merkel’s trip to Russia Major contract

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Soimo20090501-01_300dpi MUNICH (Dow Jones) – The Siemens Group receives another major order from the Russian orbit. On the trip to Russia by Chancellor Angela Merkel , the company will sign preliminary contracts for the supply of 240 regional trains , a Siemens spokesman said on Tuesday at Dow Jones Newswires. Z ( Photo: Siemens)

by volume of the contract , he declined to comment themselves.
When acting on trains is a specific version of the model Desiro , said the spokesman. They are supplied to the Russian Railways ( RZD ). With around 88,000 kilometers , Russia has the second largest rail network in the world, in which the RZD will invest a total of 2030 some 380 billion EUR.
Government sources said the large order has a volume of 2.2 billion EUR. It was not until the end of May, the DAX Group received in its joint venture with the Russian locomotive manufacturer Sinara Transport Machines OJSC an order for 221 trains from the Russian orbit. Approximately EUR 1.1 billion was already difficult job of this .
Siemens and RZD have reached an agreement in principle in late May , according to the Munich technology group will continue to produce regional trains in Russia. Siemens fair " in the future of local production in Russia high importance ", had divisional CEO Hans -Jörg Grundmann said in late May.
In May last year, it was said by Siemens, the joint venture every year to about 100 double locomotives for the Russian Railways ( RZD ) produce . The production will take place in a common plant in the vicinity of Yekaterinburg. Siemens plans to deepen its strategic partnership with the agreement with the Russian railway, which began in the high-speed trains.
As a senior government official in Berlin on Tuesday also said that Daimler AG in China will complete a joint venture with a Chinese company over 800 million EUR.

Website: www.siemens.com
– By Matthias Karpstein and Beate Preuschoff , Dow Jones Newswires, +49 89 55214030 ,
matthias.karpstein @ dowjones.com
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