ABB Gets $170 Million in Orders for Train Technologies
04 Oktober 2022 - 10:53AM
Dow Jones News
By Pierre Bertrand
ABB Ltd. said Tuesday that it has received orders worth $170
million to power more than 300 new trains in Europe.
The orders, from Stadler Rail AG's Spanish subsidiary Stadler
Valencia, include energy-efficient traction technologies and motors
to modernize train transport in the U.K., Spain, Portugal, Germany
and Austria, the Switzerland-based technology company said.
ABB said that a majority of the orders were booked in the third
quarter and that its technology would also be applied to transport
goods.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 04, 2022 04:38 ET (08:38 GMT)
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