Siemens, Samsung May Vie for $21 Billion Russian Rail Link
February 13, 2012, 2:07 AM EST
Feb. 10 (Bloomberg) -- Siemens AG and Samsung C&T Corp. are among the European and Asian companies that may vie to build and operate a $21 billion rail link between Moscow and St. Petersburg before the 2018 World Cup soccer tournament.
Alstom SA, Bouygues SA of France, Italy’s Finmeccanica SpA and UniCredit SpA and a unit of South Korea’s Hyundai have also expressed interest in the high-speed link, said Yelena Shebunina, deputy head of OAO High-Speed Rail Lines, in an interview in Moscow. A Portuguese group led by Brazil’s Grupo Andrade Gutierrez SA expressed interest last week, she said.