- Additional eight Vectron locomotives for European Locomotive Leasing (ELL)
- ELL is currently the biggest Vectron customer
- 507 locomotives have been ordered to date
Siemens has sold its 500th electric Vectron locomotive. The jubilee locomotive was ordered by European Locomotive Leasing (ELL), a provider of full-service leasing of locomotives and currently the biggest Vectron customer. The follow-up order from ELL is for eight multisystem locomotives that will be leased to the Czech railway carrier České Dráhy for passenger service on the Prague-Berlin route. A total of 507 electric Vectron locomotives have been ordered to date.
- Siemens Mobility Division further expands digitalized service and maintenance business
- MRX Technologies provides condition monitoring for rolling stock and rail infrastructure and inspection systems for rail networks
- MRX Technologies will operate in the Mobility Division as a legally independent affiliated company of Siemens AG
Siemens acquires the MRX Technologies Group, headquartered in Perth, Australia, and is further expanding its offering in the field of predictive maintenance based on digitalization. The Group is comprised of JRB Engineering Pty Ltd., MRX Technologies Ltd., MRX Rail Services Pty Ltd. and MRX Rail Service UK Ltd. The parties agreed not to disclose financial details of the acquisition. The acquired company will be managed as a legally independent firm within the Siemens Mobility Division. Closing of the transaction is expected early in July.
The Finnish Railways, VR Group, ordered 80 electric Vectron locomotives from Siemens. The new locomotives are designed to operate reliably even under the extreme climatic conditions in Scandinavia during their long service life. Siemens was able to provide clear evidence of their capability during comprehensive test and authorization trips in Sweden and Norway. For Siemens this marks the largest single contract so far for its latest generation of Vectron locomotives and the first for this type in the broad gauge version.
Siemens has been awarded a contract to provide 152 new S70 light rail vehicles (LRVs) for Sound Transit, the regional transit system serving the Seattle and Central Puget Sound area in the US state of Washington. The S70s light rail vehicles will be built at the Siemens rail manufacturing hub in Sacramento, California. The fleet is expected to begin testing in 2019.
- Sound Transit is exercising an option of a contract signed in 2016
- In total, 152 LRVs from Siemens for Seattle and Central Puget Sound area
- Delivery starts early 2019
Sound Transit, the regional transit system serving the Seattle and Central Puget Sound area in the US state of Washington, has placed an order with Siemens for 30 additional S70 type light rail vehicles (LRVs). The trains will be operated on the regional transit system serving Seattle and the central Puget Sound area. With this order, Sound Transit is exercising an option of a contract that was signed in 2016. The original contract was for a total of 122 LRVs. This new order will bring the total number of Siemens light rail vehicles for the region to 152. The trains will be built at the Siemens plant in Sacramento, California, where the first batch is now in production. The first LRV is expected to arrive in early 2019.
"Lead the TRANSITion" was the motto of this year's UITP International Mass Transit Trade Show in Montreal. At the bi-annual Global Public Transport Summit, the Siemens Mobility Division was again be represented this year with intelligent mobility solutions. From May 15 to 17, 2017, at booth (SK100) on Level 02 of the Conference Center, Siemens was showcasing integrated and sustainable transport solutions which help to get the best out of existing infrastructures – using not only state-of-the-art hardware but also intelligent management systems. This is the only way to deliver future-proof mobility services in the face of rising energy costs, limited space and growing demands. Digitalization of proven transport solutions plays a key role in achieving this goal, as it allows availability and passenger comfort to be improved and throughput to be maximized.
For the first time in many decades, a private company began planning and developing a fast intercity connection in the United States in 2012. The new Florida East Coast Railway will operate up to 16 pairs of trains from Miami Central Station via Fort Lauderdale to West Palm Beach.
In 2014, the Departments of Transportation of California, Illinois and Maryland ordered an initial lot of 34 Charger locomotives from Siemens, with an option for a total of 222 locomotives. The contract back then was valued at approximately €165 million ($225 million). Due to orders from other states as well as by the private rail operator All Aboard Florida, the total number of Chargers ordered amounts to 81 in 2017. The locomotives are deployed in corridors of the US states for regional and mainline trains travelling for Caltrains (California) as Amtrak Pacific Surfliner, in Washington as Amtrak Cascades and in Maryland with the regional network MARC. Under the "Brightline" brand, ten Chargers are being deployed in high-speed rail services between Miami and West Palm Beach; Orlando is due to follow at a later date.
- Siemens supplies key components and long-term service for Sirajganj III combined cycle power plant
- Financial Services division provides up to USD80 million construction loan
Siemens Power and Gas (PG) Division recently received an order for the supply of key components for the Sirajganj III combined cycle power plant in Bangladesh providing a SGT5-2000E gas turbine and generator, as well as a long-term service contract for the project. Siemens' Financial Services Division (SFS) is contributing an up to USD80 million construction loan to support the project's successful and timely close. SFS is undertaking a primary/Mandated Lead Arranger (MLA) role in the transaction which is considered vital to the project's success. In addition, SFS demonstrated strong project support acting as one of only two international lenders participating in the Sinosure tranche. Sinosure is the national export agency of The Peoples Republic of China and provides export coverage to lenders to support long term lending in Bangladesh.
- Siemens Bank receives approval to operate as a merchant bank in Singapore
- Siemens becomes first industrial company to support its growth strategy in Asian and Australian markets with a local bank branch in Singapore
- Focus on project and structured finance lending business mainly in the business-to-business and business–to-government segments
The Monetary Authority of Singapore (MAS) grants approval for Siemens Bank GmbH Singapore Branch to operate as a merchant bank in Singapore. The new branch will cover financing activities for the Asia-Australia region. In addition to its main pillar, the loan and guarantee business, the branch will also provide selected finance advisory services for the Siemens group companies in Asia-Australia.