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Teleste Bags EUR40 Million Train Systems Contract in Denmark

MT Newswires·09/24/2026 04:18:21
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04:18 AM EDT, 09/24/2026 (MT Newswires) -- Teleste (TLT1V.HE) won a contract to deliver on-board passenger information and closed-circuit television systems for the Copenhagen S-bane network train fleet in Denmark. The contract, awarded by Siemens' (SIE.F) transport technology unit, Siemens Mobility, is valued at 40 million euros, excluding maintenance and additional train options, according to a Thursday release. The broadband network technology company expects to deliver the equipment between 2028 and 2040, with the trains scheduled to enter passenger service starting in 2032.