Business · Companies · 3 days ago

Stadler wins 300 million-franc Saudi train order

Stadler wins 300 million-franc Saudi train order

Swiss trainmaker Stadler has received a 300 million-franc order from Saudi Arabia’s railway.

The order comes from an option in an existing 600 million-franc contract.

By exercising it, the railway will double its fleet to 20 trains.

The trains will be produced mostly in Switzerland.

The deal adds to Stadler’s work for Saudi Arabia’s railway.

No production or delivery timetable is given.

Sources

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