Stadler confirms CHF600m deal with Saudi Arabia Railways

Stadler, a Swiss company specialising in providing mobility solutions for railway transportation, has finalised a significant agreement with the Saudi national railway company, Saudi Arabia Railways (SAR). The agreement, valued at approximately 600 million Swiss francs, entails the supply and maintenance of ten long-distance intercity trains measuring 175 meters in length with a capacity of 320 passengers each. Additionally, the contract includes an option for the supply and maintenance of an additional ten trains.

These trains will be equipped to adapt to the climatic and environmental conditions present in Saudi Arabia, aiming to enhance the quality of passenger travel experience in terms of comfort and reliability. SAR intends to deploy the new trains primarily on the eastern railway network of the country, thereby increasing transportation capacity between the capital city of Riyadh and other urban centers.

The Italian law firm BonelliErede provided legal assistance to Stadler and its internal legal and commercial team, throughout all legal aspects of the operation. The legal team from BonelliErede‘s Dubai and Milan offices, was led by partners Marco De Leo (pictured left) and Giuseppe Manzo (pictured right), including associates Giulia Vannoni and Sami Moacdieh.

CMS advised Saudi Arabia Railways, with partner David Moore leading the legal advisory.