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Siemens signs $2.5 billion deal to supply up to 200 trains for Zurich

Published by Global Banking & Finance Review

Posted on April 30, 2026

1 min read

· Last updated: April 30, 2026

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Siemens signs $2.5 billion deal to supply up to 200 trains for Zurich
Finance Banking Markets

Siemens to Deliver Up to 200 Double Decker Trains for Zurich in $2.5B Deal

Siemens Signs Major Train Supply Agreement with SBB

ZURICH, April 30 (Reuters) - Siemens <SIEGn.DE) has signed a 2 billion Swiss franc ($2.55 billion) deal to deliver up to 200 double decker trains to Swiss train operator SBB, the German engineering group said on Thursday.

Deployment and Timeline

Introduction to Zurich Local Train Network

The new trains will be used on the local train network around Zurich starting in 2031, Siemens said.

Financial Details

($1 = 0.7845 Swiss francs)

Reporting and Editorial Credits

(Reporting by John RevillEditing by Madeline Chambers)

Key Takeaways

  • The initial order covers 116 double‑deck commuter trains, with an option for 84 more, totaling up to 200 units (trenvista.net).
  • These 150 m long trains offer about 540 seats, enhanced accessibility, multifunctional spaces, low‑floor entry, power outlets, toilets including accessible ones, and enter service in 2030s (trenvista.net).
  • A legal challenge by Swiss manufacturer Stadler was withdrawn in April 2026, clearing the way for Siemens to proceed; the project includes a requirement for Swiss value‑added and promises improved capacity and modern features (visahq.com)

References

Frequently Asked Questions

What is the value of the Siemens train deal with SBB?
The Siemens deal with SBB is valued at 2 billion Swiss francs, or approximately $2.55 billion.
How many trains will Siemens supply under the new agreement?
Siemens will deliver up to 200 double decker trains to Swiss train operator SBB.
When will the new Siemens trains be in operation around Zurich?
The new Siemens trains are expected to be used on Zurich's local train network starting in 2031.
Which company signed the train supply deal with SBB?
The German engineering group Siemens signed the train supply deal with Swiss operator SBB.
What type of trains will Siemens supply to Zurich?
Siemens will supply double decker trains for Zurich's local train network.

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