Investor News | 10/25/2021

Vossloh signs major framework contract for the supply of concrete sleepers in Australia

  • Customer Queensland Rail continues modernization of its wide-ranging rail network
  • Framework agreement runs for three years, sales volume in the order of €15 million

 

Vossloh, a long-established and world-leading supplier of rail infrastructure products and services, has again secured major orders through its Australian subsidiary Austrak. Over the next three years, Vossloh will be supplying concrete sleepers from its plant in Rockhampton (Queensland) to Queensland Rail (QR), the state-owned railway company that operates the 6,600 km rail network in the Australian state of Queensland. With the aim of continuously improving the performance and increasing the reliability of the rail network, QR is continuing with its extensive track modernizations. The successive replacement of wooden sleepers with new, more durable concrete sleepers will play an important role in this.

 

"We are very pleased that we will continue our long-standing business relationship with Queensland Rail under the framework agreement we have now won. This is an impressive vote of confidence on the part of our customer and consolidates our leading market position in Australia" says Jan Furnivall, Chief Operating Officer of Vossloh AG.

 

Founded in 1980 and headquartered in Brisbane (Queensland), Austrak Pty Ltd. employs around 140 people and has been part of the Vossloh Group since December 2018.