Finance
Flix orders trains worth €2.4 billion from Talgo, Siemens
Published by Global Banking & Finance Review®
Posted on May 27, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on May 27, 2025
1 min readLast updated: January 23, 2026
Flix orders €2.4 billion in trains from Talgo and Siemens to meet growing European demand for high-speed services.
FRANKFURT (Reuters) -Flix on Tuesday awarded a 2.4 billion euro ($2.72 billion) train order to Siemens and Spain's Talgo, as the German bus and train operator banks on growing demand for high-speed services in Europe.
Talgo said in a statement that, under the order, it agreed in principle to supply 65 high-speed Talgo 230 train models without locomotives, including maintenance, with an initial firm order of 30 units worth 1.06 billion euros.
Flix, whose rivals include state-owned Deutsche Bahn, said in a separate statement that Siemens would supply the locomotives. It added that European demand for high-speed train services was expected to grow by 4% to 5% per year.
"With the tremendous expansion of our train fleet, we will start a new era of train travel in Germany and Europe," said Flix CEO and co-founder Andre Schwaemmlein.
($1 = 0.8818 euros)
(Reporting by Ludwig Burger, editing by Thomas Seythal)
Flix awarded a train order worth €2.4 billion ($2.72 billion) to Siemens and Talgo.
Talgo will supply 65 high-speed Talgo 230 train models without locomotives, with an initial firm order of 30 units.
Siemens will supply the locomotives for the new trains as part of the agreement.
Flix expects growing demand for high-speed train services in Europe, which influenced their decision to expand their train fleet.
Flix CEO Andre Schwaemmlein stated that the expansion of their train fleet marks the beginning of a new era of train travel in Germany and Europe.
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