Stadler Rail plans to appeal Siemens’ big Swiss rail contract

Stadler Rail has raised the prospect of a legal appeal against the Swiss Federal Railways' CHF2.1 billion order for new double-decker trains from Siemens. Stadler chairman Peter Spuhler claims it was a wrong decision in an interview with the Sonntagszeitung newspaper. Spuhler explained that Swiss Federal Railway's valuation matrix would be "seriously analysed" and an appeal would be lodged with the Federal Administrative Court in St. Gallen within 20 days if the suspicion that the valuation was too low was confirmed. The price difference between Stadler and Siemens was only 0.6%, which is why so-called soft factors were decisive. Stadler was rated significantly lower for these factors, such as sustainability and maintenance. "This is incomprehensible to me, and it looks as if an attempt was made to underpin the decision with such assessments because of the narrow price difference," Spuhler continued. 'The shock runs deep' He also criticised the fact that the tried-and-tested ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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