Saudi Arabia orders 20 high-speed trains from Spain's Talgo in billion euro deal

Saudi Arabia has signed a deal for 20 high-speed trains from Spain's Talgo worth over one billion euros. The agreement also extends Renfe's management role.

Insights:
Saudi Arabia SASA has placed an order for 20 high-speed trains from the Spanish ESES manufacturer Talgo, S.A. , a deal announced on February 8, 2026. This contract, which includes long-term maintenance services, adds €1.33 billion to the order backlog of Talgo, S.A. . The agreement is being viewed as a significant boost for the Spanish ESES rail sector, particularly following a period of scrutiny after a fatal train collision in Spain ESES last month.
Passengers walk past a Renfe 130 series Talgo Bombardier train at Miranda de Ebro station, Spain, February 8, 2025. REUTERS/Vincent West/File Photo
Passengers walk past a Renfe 130 series Talgo Bombardier train at Miranda de Ebro station, Spain, February 8, 2025. REUTERS/Vincent West/File Photo
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