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November 24th, 2010
Siemens to Supply Underground Trains to Munich

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Munich City Utilities (SWM) have placed an order with Siemens Mobility for 21 new C2 type underground trains worth about 185 million euros. At the same time, SWM have taken out two options on a further 46 underground trains, totaling 276 cars, which can be exercised until 2016 and 2020, respectively. The total volume of the order, including these options, is around 550 million euros. Hans-Joerg Grundmann, CEO of the Siemens Mobility Division, said, “We’re proud to be able to continue our longstanding customer relationship with SWM and its subsidiary, Munich Public Transportation Company (MVG). This order represents a milestone project for us in our home market. During the development of the Munich vehicle we placed particular importance on environmentally clean, low CO2 technology.” Siemens is one of the biggest suppliers of underground trains on the world market. Read More