German rail firm to open procurement office in Shanghai

German railway company Deutsche Bahn AG is opening its first international procurement office in Shanghai and has identified some 40 potential suppliers of train products in China.

Deutsche Bahn, which was at loggerheads with its home suppliers like Siemens AG over delivery delays in recent years, is looking beyond German and European borders for alternative reliable suppliers.

"Especially for the large orders we could announce in the next years for locomotives and high-speed trains, we are looking at worldwide procurement markets," said Uwe Guenther, chief procurement officer, Deutsche Bahn.