London, 2012-Oct-31
“Our project team is in detailed negotiations with the Department for Transport and in daily contact with them and other key stakeholders.”
“Depending on progress over the next month or so, we hope to achieve commercial close by Christmas with financial closure in the new year".
"We have been forging ahead with the manufacturing planning of our Desiro City train for Thameslink, the second generation commuter train based on the very successful Desiro UK train. We are already well advanced with our plans for the start of vehicle testing at our dedicated test track later this year.”
"Having already invested well over 50 million Euros – at our own risk - in its development, I look forward to the Desiro City train taking pride of place on the UK rail network."
Desiro City train in London
ENDS
About Siemens in the UK:
Siemens was established in the United Kingdom 169 years ago and now employs 12,972 people in the UK. Last year’s revenues were £4.4 billion*. As a leading global engineering and technology services company, Siemens provides innovative solutions to help tackle the world’s major challenges, across the key sectors of energy, industry, infrastructure & cities and healthcare. Siemens has offices and factories throughout the UK, with its headquarters in Frimley, Surrey. The company’s global headquarters is in Munich, Germany. For more information, visit www.siemens.co.uk
* Data includes intercompany revenue. Data may not be comparable with revenue reported in annual or interim reports.
For more information, contact:
Silke Thomson,
PR Manager,
Siemens plc,
Tel: 07808 822 780
Email : silke.thomson-pottebohm@siemens.com
