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Siemens share price rises: Consortium secures mega contract for Berlin S-Bahn

$SIE (-0,31 %)

I remain invested.


The multi-billion euro tender for a large part of the Berlin S-Bahn network has been decided after years of delays.


According to the Deutsche Presse-Agentur, the contract for important north-south and east-west connections was awarded to a consortium consisting of Deutsche Bahn, Stadler Rail and Siemens. The consortium prevailed over its competitor Alstom, which can still take legal action against the decision.


The largest award procedure for local public transport in Europe involves a contract volume of around 15 billion euros. It includes the operation of several S-Bahn lines from the 2030s for 15 years, the delivery of 1,400 new carriages and vehicle maintenance for 30 years.


To date, the so-called north-south and light rail sub-networks have been operated by the rail subsidiary S-Bahn Berlin GmbH, as has the Ringbahn. The latter was not part of the tender launched by the states of Berlin and Brandenburg in 2020.


https://www.finanzen.net/nachricht/aktien/jahrelange-haengepartie-siemens-aktie-steigt-konsortium-ergattert-mega-auftrag-fuer-berliner-s-bahn-14785911


Siemens supplies trains for regional rail line - purchase recommendation from the USA

https://www.ecoreporter.de/artikel/siemens-liefert-z%C3%BCge-f%C3%BCr-regionalbahn-linie-kaufempfehlung-aus-den-usa/

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10 Commentaires

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15 billion for the fact that some whipped through people piss all over the train dit is Berlin dikka 😭
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@Soprano I always thought politicians had company cars 🤣
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@Soprano unfortunately so true 🥹 the train has become partly unusable. Beggars, homeless people, filth everywhere... and in winter it's used as a hotel again for all the homeless people. Some of the carriages are full from front to back 🥲 I wish there were turnstiles like this so that at least a few people who have no business being there could be kept out...
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@Soprano The new cars whip and piss back!

DIT IS BERLIN!
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@Epi we should be happy that 90% of the Assis are spread across Berlin and Crackfurt and not evenly across Germany
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@TotallyLost Tell me, could it be that you have something against our federal and financial politicians? 😳
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@Tenbagger2024 But Berliners aren't on opium. They are like that.
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🚀 $SIE my largest position 🙂
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@TotallyLost They're already everywhere in Germany 😃 Must see Bremen, it's getting really busy there
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