Finance

Siemens Mobility wins share of 2.8 billion euro contract with Deutsche Bahn

Published by Global Banking and Finance Review

Posted on February 11, 2025

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ZURICH (Reuters) - Siemens Mobility, the train transportation arm of Siemens, said on Tuesday it has won a share of a 2.8 billion euro ($2.90 billion) contract to provide control and safety equipment to German train operator Deutsche Bahn.

Siemens Mobility has won the contract with its construction partner Leonhard Weiss to supply new digital control and signalling technology.

($1 = 0.9671 euros)

(Reporting by John Revill)

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