Stadler Inks CHF600 Million Major Deal with Saudi Arabia Railways

Stadler, a Swiss company specializing in providing mobility solutions for railway transportation, has finalized 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.

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), and associates Giulia Vannoni and Sami Moacdieh.

CMS assisted Saudi Arabia Railways, with partner David Moore (pictured below) leading the legal advisory.

The agreement with Saudi Arabia Railways marks a strategic growth milestone for Stadler, as it represents their first contract in the rapidly expanding railway market of the GCC region. However, with two other significant contracts in the MENA region, Stadler boasts significant expertise in designing for climatic and environmental conditions similar to those of Saudi Arabia.