Spain's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Siemens, Thales land €510m train line contract

Share this article

Siemens, Thales land €510m train line contract
Photo of Spanish high-speed train: Shutterstock
15:03 CET+01:00
The French and German industrial giants Thales and Siemens said on Monday they had won a contract worth more than €500 million to revamp safety systems on a high-speed train line in Spain.

"The order has a total value of around €510 million ($633 million) for the consortium," both companies said in a statement.

The two firms will modernize the control, signalling and safety equipment on the roughly 340-kilometre (211-mile) section of the high-speed line between Olmedo and Ourense in northern Spain.

The consortium is 55-percent owned by Thales with the remaining 45 percent held by Siemens.

A high-speed derailment on another section of this high-speed line in July 2013 caused 79 deaths on the outskirts of the northwestern city of Santiago de Compostela, Spain's deadliest train accident since 1944.

Get notified about breaking news on The Local

Share this article


The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.