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Stock impact report

Siemens Mobility Awarded Rail Infrastructure Maintenance Services Contract From Metrolinx

SIEMENS AG SPONS ADR (SIEGY) 
NASDAQ:AMEX Investor Relations: siemens.com/investor
Company Research Source: Business Wire
Expansion of existing partnership with transit operator MetrolinxIncreasing system availability and reliability for Toronto’s passenger railway system OAKVILLE, Ontario--(BUSINESS WIRE)--Siemens Mobility has been chosen by Metrolinx to handle track, signal, and right-of-way maintenance for the Central Region of Toronto's passenger railway infrastructure system. This partnership builds upon Siemens Mobility's existing maintenance services in the West Region and signal and communications services at the Metrolinx Network Operations Center.Siemens Mobility brings a local team of experts and over 25 years of experience in rail infrastructure maintenance across North America. In addition, by using its world-class digital tools and software, it will provide Metrolinx with rail infrastructure performance data, ensuring superior service availability around the clock.“With this announcement, we are excited to strengthen our partnership with Metrolinx, keeping their system running safely, ef Show less Read more
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