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  Siemens and Russian Railways sign development contract for high-speed trains
 
 
  In the presence of Russian President Vladimir Putin and German Federal Chancellor Gerhard Schröder, Siemens Transportation Systems (TS) and Russian Railways (RZD) today in Hanover signed a contract for the development of high-speed trains for Russia. 
 
 
This contract governs such aspects as development and configuration of the high-speed trains, the localization concept and the structure of the delivery contract. The delivery contract comprises a project volume up to € 1.5 billion and is scheduled for signing in the summer of this year. RZD intends to place orders for sixty of these trains, which can travel at up to 300 kilometers per hour. An agreement to this effect was reached in December 2004.

The trains are due to run mainly on the Moscow – St. Petersburg and St. Petersburg – Helsinki routes. It is also envisaged in the medium term that they should link other Russian cities (e.g. Omsk - Novosibirsk, Moscow - Nizhny Novgorod). The trains are to be largely produced in Russia, in cooperation with suppliers and other partners in that country; delivery of the first train is planned towards the end of 2007.

“We are pleased that we have already reached this initial concrete agreement. We are now on our way to getting the project started, thereby contributing to stronger Russian-German trade relations“, commented Hans M. Schabert, President of Siemens Transportation Systems, at the signing of the contract.

Photo reference:
A photo of the design study is available on the Internet under
http://www.siemens.com/ts-picture/sots200501
 

     
     

 

 


 
   
 
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