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Economy

Siemens scores new Eurostar train contract

media A cyclist passes a new Siemens Eurostar train which was displayed in London Reuters

European railways operator Eurostar said on Thursday that it had ordered 10 high-speed trains from Germany company Siemens, as French rival company Alstom loses out on the deal. The company says Siemens Velaro trains will be used for the London-Paris route.

"Eurostar plans to invest some 800 million euros in the purchase of its existing train fleet," according to the Eurostar statement. This purchase will expand Eurostar's 27-train fleet. The trains already in use will be overhauled starting in 2011, it added.

Deutsche Bahn, a German train operator, announced that it would start a route to London for the Summer Olympics in 2012. This is the first time there will be competition between two rail operators who do not connect to their respective countries.

Some nine million people take the Eurostar each year between Brussels, London and Paris.

 

 
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