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Siemens wins Swiss train order worth $2.5 billion

Published by Global Banking & Finance Review

Posted on November 7, 2025

1 min read

· Last updated: January 21, 2026

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Siemens wins Swiss train order worth $2.5 billion
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(Reuters) -Switzerland's state railway company SBB will purchase 116 commuter trains for Zurich's transit network from Siemens, local media reported on Friday, with the German engineering group

Siemens Secures $2.5 Billion Contract for Swiss Commuter Trains

(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)

Key Takeaways

  • Siemens awarded $2.5 billion contract by Swiss SBB.
  • 116 commuter trains to be delivered by Siemens.
  • Options for 84 additional trains included.
  • Stadler Rail disappointed by the decision.
  • New trains to serve Zurich and western Switzerland.

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