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.

The Basque Government sees "some comfort" in the health negotiations and fears the consequences for assistance

The Health Adviser, Alberto Martínez, has warned of the difficulties that the situation creates for patients and citizens and has called for greater responsibility on the part of the parties involved. He has acknowledged that he has no information or participation in theongoing negotiations. He has warned that this situation is creating uncertainty and difficulties for patients and the care system.

Load more