(IN BRIEF) Siemens Mobility, in partnership with Leonhard Weiss, has secured a significant share of Deutsche Bahn’s (DB) first-ever volume contract for the modernization of Germany’s rail network. Valued at €2.8 billion for the consortium, the contract is part of … Read the full press release
Posted in Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged construction, control and safety technology, DB, delivery and acceptance obligations, Deutsche Bahn, digital control, digital signaling technology, efficiency, Germany, Leonhard Weiss, long-term agreement, Marcus Herwarth, Michael Peter, modernization, partnership, platform solutions, rail industry, rail infrastructure, rail network modernization, safety systems, Siemens Mobility, spring 2025, sustainability, Track Infrastructure Construction, volume contract
(IN BRIEF) Deutsche Bank AG announced its intention to issue Additional Tier 1 (AT1) capital securities to support its Tier 1 leverage ratio and meet Pillar 1 and 2 AT1 requirements, with a first call date set for October 30, … Read the full press release
(IN BRIEF) Dr. Sigrid Nikutta, a board member of DB, unveils the successful practical tests of a digital freight train, marking a significant advancement in Europe’s rail freight transport system. The introduction of Digital Automatic Coupling (DAK) as a new … Read the full press release
(IN BRIEF) Siemens Mobility has secured a €600 million contract to deliver 17 additional ICE 3neo trains to Deutsche Bahn. This brings the total ICE 3neo fleet to 90 trains. The trains, known for their high speed and innovative features, … Read the full press release
Posted in Business, Germany, Industrial, Technology, Transportation & Logistics
Tagged DB, Deutsche Bahn, Dr. Michael Peterson, ICE 3neo, Michael Peter, Siemens Mobility, trains, Velaro MS
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