Vossloh awarded major contract in Sweden
Vossloh has concluded with Trafikverket, the Swedish infrastructure authority, a framework agreement for supplying a new type of in-sleeper actuation system for switches and crossings over a period of ten years, including an option for five more years. The total contract value is above €100 million. Fully integrated into the sleeper, the system chosen by Trafikverket is a customized version of the Easyswitch actuation system previously developed by Vossloh Cogifer.“This new product meets the specific requirements of the Swedish railways and again underscores our vast engineering competence,” says Werner Andree, CEO, Vossloh AG.
Since April 1, 2010, Trafikverket has been Sweden’s central agency for rail, road, water, and air traffic. With almost 12,000 km of railway lines comprising 11,000 turnouts, Trafikverket is the largest North-European infrastructure manager.
Werdohl, August 12, 2010
Media contact:
Uwe Jülichs
Head of Corporate Communications
Vossloh AG
Phone: (+49-2392) 52-608
Mobile: (+49 172) 2909852
Email: uwe.juelichs@ag.vossloh.com
Investor contact:
Lucia Mathée
Head of Investor Relations
Vossloh AG
Phone: (+49-2392) 52-359
Email: investor.relations@ag.vossloh.com
Today’s Vossloh is a global player in the rail technology markets. The Group focuses on its core businesses of rail infrastructure, rail vehicles, and electric buses. Reflecting this focus, Vossloh’s two divisions of Rail Infrastructure and Transportation (previously “Motive Power&Components”) operate under the roof of MDAX-listed Vossloh AG. In fiscal 2009, a good 4,700 employees generated sales of over €1.17 billion and an EBIT of €137.9 million.