LOS ANGELES (AP) — Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas. The U.S. is ...

New Siemens Velaro rolling stock was ordered for the line, with first, business and economy carriages and a bistro and seat-back entertainment in first-class. In April 2023, Turkey’s vice ...

RUSSIAN Railways (RZD) has ordered 13 high-speed Velaro Rus trains from Siemens and Ural Locomotives, a joint venture of the Sinara Group and Siemens. The order is worth around €1.1bn. The contract ...

A pledge to license Siemens’ Velaro train technology was restrictive and wouldn’t have allowed a rival develop a competing very high-speed train, the EU said. Siemens CEO Joe Kaeser said in a ...

Siemens said when presenting its half year results that additional costs or provisions resulting from the Velaro projects are likely to be charged to future quarterly accounts. Originally due to enter ...