This text has been automatically translated, it may contain errors or inaccuracies.

INDUSTRY

Favorite
Remove from my list

Talgo has agreed with operator Deutsche Bahn to reduce the supply contract for model 230 from 79 to 60 trains

This agreement includes reducing the scope of manufacturing from 79 to 60 trains, but maintaining a framework contract that would extend demand to 100 trains, while at the same time incorporating a new long-term review and maintenance contract, as well as adjusting the project timetable, among others.

TALGO
Talgo factory.

The railway manufacturer Talgo has agreed with the German operator Deutsche Bahn to reduce the supply contract for model 230 from 79 to 60.

As the company has informed the National Securities and Exchange Commission (CNMV), and in line with what it had anticipated in the presentation of results for the first half of 2025, the changes to the contract for the supply of 230 trains have been formalized by a settlement agreement between Talgo and operator Deutsche Bahn. 

In particular, this  agreement provides for a reduction in the scope of manufacturing from 79 to 60 trains, while maintaining the framework contract that would extend demand to 100 trains, while at the same time incorporating a new long-term review and maintenance contract, as well as adjusting the project timetable, among others.

This means that the Spanish company will avoid the penalties that the delivery of trains would entail after the deadline. In Spain, the delivery of certain trains to Talgo was punishable by EUR 116 million. 

You might like

18:00 - 20:00
LIVE
From  min.

More than 85% of young talents from the Basque Country and Navarre who work abroad want to return

According to one study, 30,000 young Basques and 12,000 Navarros between the ages of 25 and 40 work outside the territory of origin, and most demand active policies to facilitate their return. Diaspora is a young man with highly qualified profiles such as engineering, business management and the STEM branch, whose stay is long, since 60% have been out of place for more than six years.

Load more