Siemens Is Poised to Resume Train Deliveries to Deutsche Bahn
A Deutsche Bahn AG InterCity Express train, manufactured by Siemens.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Siemens AG will resume deliveries on a 6 billion-euro ($6.7 billion) high-speed train order from its biggest customer, Deutsche Bahn AG, ending a three-month freeze that followed the discovery of an equipment fault, according to a person familiar with the matter.
An announcement of the resumption in the handover of its flagship ICE 4 trains to the German rail operator could come as soon as Wednesday, the person said, asking not to be identified as the information isn’t public. Five trains will be delivered shortly and the rest at regular intervals, the person said.