Siemens : signed a 670 ME contract in Great Britain
January 09, 2025 at 11:20 am EST
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Siemens Mobility has signed infrastructure and service contracts for Britain's second 225-kilometer high-speed rail line between London and the West Midlands.
Siemens Mobility has secured four contracts worth 670 million euros with HS2 for infrastructure and long-term maintenance.
For the first time, ETCS (Automatic Train Operations) is being applied to a national high-speed rail system.
HS2, one of Europe's largest infrastructure projects, will transform rail transport in the UK', says the group.
' HS2 will transform rail transport by providing faster, more reliable journeys for passengers and freeing up track for freight in the UK. We are very proud to provide our ATO solution on ETCS, which for the first time enables semi-automated train operation to improve the capacity, punctuality and energy efficiency of high-speed trains', said Michael Peter, CEO of Siemens Mobility.
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Siemens AG is one of the world's leading manufacturers of electronic and electro-technical equipments. Net sales (including intragroup) break down by family of products as follows:
- medical equipment (30.2%): medical imaging systems, laboratory diagnostics and hearing aid systems, etc.;
- smart building and infrastructure solutions (28.8%): energy transition solutions, HVAC products (heating, ventilation and air conditioning systems), building security systems (fire detection and protection systems, access control, video surveillance and intrusion detection systems, etc.), building management systems, etc.;
- digital industrial equipment (25%): automated production, assembly, logistics and monitoring systems, etc.;
- mobility solutions and systems (15.4%): rail vehicles, rail automation systems, rail electrification systems, digital and cloud-based solutions, etc.
The remaining net sales (0.6%) are primarily from financial activities (leasing, equipment and project financing, financial consulting services, etc.).
Net sales are distributed geographically as follows: Germany (14.9%), Europe/CIS/Africa/Middle East (31.5%), the United States (26.4%), America (4.9%), Asia and Australia (22.3%).