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
Flix orders trains worth €2.4 billion from Talgo, Siemens
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)
