Siemens AG said Wednesday it has received an order from Russian Railways to build 54 regional trains that will be used for the 2014 Winter Games in Sochi, according to Associated Press.
The company said the total order is worth euro580 million ($832 million) with a "firm order" for 38 of its Desiro model of train ordered by Russian Railways, which will account for euro410 million.
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A preliminary contract for another 16 trains has already been signed, with those being partially built in Russia.
Shares of Siemens were down nearly 1 percent to euro64.21 in Frankfurt trading.
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