Siemens, S.Korea's Rotem win subway deal from Brazil

Newswire

SEOUL, Aug 19 (Reuters) - South Korea's Rotem, Hyundai Motor Group's train maker, said on Sunday it and German industrial group Siemens have won a subway deal from a company in Brazil. Rotem said in a statement that it would deliver 84 electric rail cars for $160 million, 70 percent of the deal, to ViaQuatro, which is building a new subway line in Sao Paulo. The unlisted South Korean company said Siemens would supply equipments for signals and communications. Rotem said it would supply ...

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