Finance
Siemens wins Swiss train order worth $2.5 billion
Published by Global Banking and Finance Review
Posted on November 7, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 7, 2025
1 min readLast updated: January 21, 2026
Siemens wins a $2.5 billion contract from Swiss SBB for 116 commuter trains, with options for 84 more. The trains will operate in Zurich and western Switzerland.
(Reuters) -Swiss state railways SBB will purchase 116 commuter trains from Siemens, awarding the German engineering group a contract worth 2 billion francs ($2.5 billion), it said on Friday.
The contract includes options for 84 additional trains, SBB added.
The new trains are scheduled to enter service in the 2030s in the Zurich metropolitan area and western Switzerland.
Siemens' Swiss rival Stadler Rail said it was a "great disappointment" that it wasn't awarded the contract.
"Stadler will carefully analyse SBB's reasoning," the company said.
($1 = 0.7931 Swiss francs)
(Reporting by Thomas Seythal, editing by Thomas Escritt)
An investment is the allocation of resources, usually money, to generate income or profit. This can include purchasing stocks, bonds, real estate, or other assets.
Options are financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price before a specified date.
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