Siemens wins Israel Railways carriage tender – The German company will supply 330 carriages, maintenance and services in a tender worth NIS 3.8 billion. | Globes

Germany company Siemens has notified the Frankfurt Stock Exchange that it has been awarded the tender to supply 330 carriages for Israel Railways electrified lines. Siemens prevailed over Alstom to win the tender. The tender is worth NIS 3.8 billion. Signing the agreement is subject to approval by the Ministry of Economy and Industry’s Industrial Cooperation Authority (ICA).