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Siemens Wins Athens Metro Contract

German engineering giant Siemens, which recently settled a bribery dispute with the Greek government, said Wednesday it has won a 41-million-euro contract for the Athens metro.
Siemens said in a statement it will supply signalling technology and components for a 16-kilometre (9.9-mile) extension of two subway lines in Athens.
The subway extension will help alleviate the traffic chaos in Athens, reducing the number of cars on the city’s streets and cutting carbon emissions, Siemens said.
The first section is scheduled to be opened in late 2013.
Around 70 percent of the project was being financed via EU funding, Siemens added.
(source: AFP)

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