June 7, 2019 / 3:55 PM / 4 months ago

Russian Railways, Siemens and Sinara sign 1.1 billion euro train deal: ifax

ST PETERSBURG (Reuters) - Russian Railways (RZhD) signed a 1.1 billion euro deal on Friday with Germany’s Siemens and Russia’s Sinara Group to buy 13 high-speed “Sapsan” trains and 30 years worth of servicing for the trains, RZhD said on Friday.

Siemens and Sinara will supply the trains from Sep. 2022 to July 2023 under a contract worth 513.5 million euro, it said. Siemens will service the trains for 583.1 million euro, it said.

Reporting by Gleb Stolyarov, Maria Tsvetkova; writing by Tom Balmforth; editing by Polina Ivanova

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