Source AP ©

Siemens wins 140 M euros contract in Canada

Siemens AG won a contract with the Canadian transit authority worth 140 million euros (202 million dollars) – its largest in north America , the company announced.

Siemens said that it will upgrade Go Transit's signalling and communications systems in and around Toronto 's Union Station as well as the traffic control center.

Canadian Minister for Transport Lawrence Cannon said “The new system will allow us to improve our service and reliability and to bring more trains into service in future.”

Siemens shares dipped 1.7 percent to EUR103.59  (US$149.51) in Frankfurt.

The majority of experts in the field of armaments admit that made-in-Russia weapons can be referred to as best weapons in the world. To substantiate this point, suffice it to recall that many countries make their own ripoffs of world-famous Russian weapons.

Three types of weapons that were stolen from Russia

The majority of experts in the field of armaments admit that made-in-Russia weapons can be referred to as best weapons in the world. To substantiate this point, suffice it to recall that many countries make their own ripoffs of world-famous Russian weapons.

Three types of weapons that were stolen from Russia