Talgo
SECTOR: Automotive, Transport and Logistics
Registered Global Reach
NetherlandsU.S.United Arab EmiratesSwitzerlandUzbekistanNorwayDenmarkAustriaKazakhstanEgyptSwedenGermany, United StatesSpainCentral and Eastern Europe+2 more
History of International Operations
| Date | Operation Summary | Key Figures / Investment | Destination Country |
|---|---|---|---|
| 2026-06-02 |
Talgo has achieved a record order book of €6.307 billion, boosting its international expansion in Europe and Saudi Arabia, and plans to double its production capacity by 2028 following a financial restructuring.
|
Record order book of €6.307 million; objective to double production capacity by 2028. | Germany, Saudi Arabia, Central and Eastern Europe |
| 2026-05-13 |
Talgo increased its revenue in the first quarter of 2026, driven by the acceleration of deliveries of international orders in Germany and Denmark, and the consolidation of maintenance contracts in Saudi Arabia and Uzbekistan, in addition to new awards.
|
Total Revenue €172 million, Adjusted EBITDA €12,3 million, Order Backlog €5.668 million, New Q1 Orders €1.375 million, SAR Contract €1.332 million | Germany, Denmark, Saudi Arabia, Uzbekistan |
| 2026-04-20 |
Talgo has been awarded a €756 million contract with Trafikverket to supply and maintain a new fleet of trains in Sweden, ensuring long-distance connectivity in extreme weather conditions.
|
756 millones de euros | Sweden |
| 2026-02-27 |
Talgo closed 2025 with a record order book, driven by major international contracts for train manufacturing in Saudi Arabia and Europe, despite adjustments to projects in Germany and the United States.
|
Total Revenue €618M, Adjusted EBITDA €53,9M, Order Book of almost €6.000M, FlixTrain Contract for €2.400M, SAR Contract for 20 trains, Hiring of 200 professionals. | Germany, United States, Saudi Arabia |
| 2026-02-09 |
Talgo has been awarded a €1.332 billion contract to manufacture 20 new high-speed trains for Saudi Arabia, consolidating its leadership in the Middle East market and raising its order book to an all-time high.
|
Award value: €1.332 billion. Remaining business volume: approximately €6.000 billion. 20 new high-speed trains. | Saudi Arabia |
| 2026-01-02 |
Talgo has formalized a contract worth approximately 80 million euros with Uzbekistan's state railway company (UTY) for the comprehensive maintenance of its fleet of six Talgo 250 trains for ten years, consolidating its presence in Central Asia.
|
Approximately 80 million euros, 10 years | Uzbekistan |
| 2025-11-13 |
Talgo has boosted its performance thanks to the manufacture and delivery of Talgo 230 trains for operators in Germany and Denmark, and the certification of new units.
|
Order book of €4.813 billion, with forecasts to exceed €7.000 billion. Contract with Flix valued at €2.400 billion. | Germany, Denmark, United States |
| 2025-11-03 |
Talgo has started commercial service of its EuroCity 230 trains for DSB on the Copenhagen-Hamburg route, consolidating its presence in the European rail market and reinforcing its position as a leader in Intercity trains.
|
Contract for 16 Talgo 230 trains; 492 seats per trainset. | Denmark, Germany |
| 2025-10-22 |
Talgo has received acceptance for its Talgo 230 (EuroCity) trains from the Danish operator DSB, commencing service on the Copenhagen-Hamburg route. This milestone, coupled with its success in Germany, consolidates Talgo's presence in the European rail market.
|
16 trains; 492 seats per trainset | Denmark, Germany, Austria, Netherlands, Switzerland |
| 2025-10-17 |
Talgo, a Spanish company, has successfully launched its new ICE L high-speed train in Germany for Deutsche Bahn. Designed to be fully accessible and featuring improvements in comfort and connectivity, the train marks a significant step forward in the passenger experience.
|
Germany, | |
| 2025-09-15 |
The Spanish company Talgo has received formal acceptance from Deutsche Bahn for the first ICE L train, marking the start of the official delivery of the Talgo 230 train fleet in Germany. This milestone strengthens its position in demanding markets and its expansion into other European countries.
|
Initial order of 23 trains | Germany, Denmark, Austria, Netherlands, Switzerland |
| 2025-09-12 |
Talgo has obtained approval for its Talgo 230 trains in Denmark and Germany, allowing them to operate on Danish national routes and the Copenhagen-Hamburg international connection, reaffirming its leadership in the European railway sector.
|
A contract with DSB for 500 million euros for 16 trains. Other contracts include up to 100 trains for Deutsche Bahn and up to 65 for Flix. | Denmark, Germany, Sweden, Norway |
| 2025-08-11 |
Talgo has obtained type approval for its Talgo 230 train in Germany and Denmark, a crucial step towards its entry into commercial service. This milestone strengthens its position in the European market and supports significant contracts with Deutsche Bahn, Danske Statsbaner, and Flix.
|
Supply of up to 100 trains for Deutsche Bahn, 16 for Danske Statsbaner and up to 65 trains for Flix for approximately 2.400 billion euros. | Germany, Denmark, Austria, Netherlands, Switzerland, Sweden |
| 2025-08-01 |
Talgo has confirmed a year of growth with record revenues and a strong order book, with over 80% of its projects located outside of Spain. The company has secured significant contracts in Europe, consolidating its international presence.
|
Revenue of €669,2 million in 2024. Order book of €4.173 million, with more than 80% international. | Germany, Denmark, Austria, Netherlands, Sweden |
| 2025-05-27 |
Spanish company Talgo has won a €2.400 billion framework contract with Flix to supply up to 65 high-speed trains and their maintenance in Germany, Austria, the Netherlands, Denmark and Sweden, expanding its European presence.
|
Framework contract of €2.400 billion for up to 65 trains; initial order of €1.060 billion for 30 units. | Germany, Austria, Netherlands, Denmark, Sweden |
| 2025-05-26 |
Talgo reports revenues of 154,3 million euros and a negative result of 7,1 million in the first quarter of 2025, while managing a robust order book and international projects in countries such as Germany and Denmark.
|
Revenues of €154,3 million, EBITDA of €13,6 million, and a negative result of €7,1 million in the first quarter of 2025. Order backlog exceeds €4.000 billion, with additional opportunities of more than €11.000 billion. | Spain, Germany, Denmark, Kazakhstan, Uzbekistan, Saudi Arabia, Egypt, USA |
| 2025-01-31 |
Talgo is competing in a tender launched by Etihad Rail in the United Arab Emirates to supply high-speed trains for the new line between Abu Dhabi and Dubai, seeking to strengthen its presence in the Persian Gulf market.
|
The high-speed rail project will connect 140 kilometers and is expected to contribute €37.890 billion to the UAE's GDP over 50 years. | United Arab Emirates |
| 2024-09-24 |
Talgo and PESA have signed a Memorandum of Understanding to collaborate on the development of the high-speed rail network in Poland. Both companies will join forces to compete in the tender for very high-speed rolling stock, which will begin in 2025.
|
Poland | |
| 2024-09-23 |
Talgo presents its innovations in sustainable mobility at Innotrans 2024, including the Talgo 230 train for Danish operator DSB and the DB-Baureihe 105 locomotive for Deutsche Bahn, highlighting its technology and efficiency.
|
Denmark, Germany |
Any questions about this news?
Talk to Coexia, the AI of the foreign trade
International business service providers
Training
ESIC
ESIC University is a leading academic institution that offers specialized training in business, marketing…read more...
Suggested services:
Training
VALENCIA PORT FOUNDATION
VALENCIA PORT FOUNDATION The Valenciaport Foundation positions itself as the central hub of knowledge for…read more...