Siemens stock price rises after Copenhagen driverless train deal as earnings week looms
Siemens climbed 2.45% to finish at 250.50 euros on Friday. The stock’s move followed news that its Mobility division, together with a Stadler-led consortium, landed a contract worth around 3 billion euros to provide fully automated commuter trains for Copenhagen. “We’re not just delivering trains, but intelligent mobility solutions,” said Siemens Mobility CEO Michael Peter in the release.