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Economy

CRRC signs deals with Talgo

1
2018-07-12 13:21:57Global Times/Agencies Editor : Li Yan ECNS App Download

CRRC's subsidiary CRRC Qingdao Sifang Rolling Stock Research Institute has signed a 60-million-yuan deal with Spain-based rail manufacture Patentes Talgo, and the latter agreed to buy the Chinese rail company's information and entertainment system designed for the F070 high-speed train.

The two companies also signed a 10-year strategic cooperation agreement, and the Chinese firm will become the major supplier of Talgo's Passenger information system for the next ten years, according to a statement on CRRC's website on Tuesday. 

  

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