© Siemens

Siemens' Mobility division (MO) recorded significant growth in order intake, mainly due to a very strong increase in the volume of major orders, including a €0.3 billion order for high-speed trains, including maintenance, in Turkey. In March 2018, Siemens and Alstom SA signed the 'Business Combination Agreement' on the planned merger of Siemens' mobility business and rail drives division with Alstom.