SPAIN(Metro Rail News): Spanish rolling stock manufacturer Talgo has won a contract in Egypt worth 280 million EURO. Under the contract, Talgo will manufacture seven passenger trains for the Egyptian national railway company to be used for night services with the maintenance of 15 years.
Talgo is currently delivering on a contract with Egyptian National Railways (ENR) in 2019 for passenger trains for daytime services and eight years of maintenance.
The company will build the new rail units at its Alava and Madrid plants, with delivery expected to begin in 2024.
The firm recorded an attributable net profit of 5.5 million euros during the first half of the year, 46% less than in the same period of 2020.
