SüdLeasing orders 20 locomotives on behalf of SBB Cargo International

Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2018, which ended on September 30, 2018, the former Siemens Mobility Division posted revenue of €8.8 billion and had around 34,200 employees worldwide. Further information is available at: www.siemens.com/mobility.

SBB Cargo International was founded in 2010 as a joint stock corporation based in Olten, Switzerland. The share capital is held by SBB Cargo AG (75%) and Hupac AG (25%). The company offers combined transport and conventional block trains along the North-South Axis – primarily along Corridor A running between North Sea ports and northern Italy. SBB Cargo International is clearly focused on serving Europe's North-South Axis, maintaining lean structures and ensuring market-leading quality. SBB Cargo International has around 800 employees in Germany, Switzerland and Italy and operates a fleet of approximately 130 locomotives.  

SüdLeasing is one of the largest manufacturer-independent leasing companies in Germany. It was founded in 1970 as a subsidiary of today's Landesbank Baden-Württemberg (LBBW) and has more than 25 years of experience as a rolling stock expert. As a fully owned subsidiary of LBBW, the company is embedded in the network of a customer-oriented commercial bank and can draw on its experience and infrastructure. The company's business is focused on Germany and adjacent European countries, in particular Germany, Austria and Switzerland (DACH).