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Siemens inks $2.8 billion train deal with Russia

Written by William C. Vantuono, Editor-in-Chief

Siemens will supply 240 regional trains during the next decade to Russian Railways under a memorandum of understanding announced Friday. The deal is worth approximately $2.8 billion.

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The Russian trains will be based on the Siemens Desiro regional model now in service in Hungary and the U. K.

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