German rail industry faces record number of orders

German railway manufacturers have received a record volume of orders in 2011. Their cost amounted to EUR 14.5 billion, 28% more compared to last year. Domestic demand rose sharply, in contrast to foreign business, which began to decline. The railway industry was able to boost the number of jobs by 7%, taking the number of employees to a total of 49,100.

Source:  www.transportjournal.com

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