- Order value amounts to around €20 million
- Supply of rail fastening systems for Chinese high-speed line
- Deliveries planned for 2025
Vossloh has won another major contract in China. The Chinese subsidiary Vossloh Fastening Systems China Co. Ltd. has been awarded to supply rail fastening systems for a high-speed line between the two southern Chinese cities of Yulin and Cenxi. The connection is an important section of China's high-speed rail network. It improves accessibility within the Guangxi region and strengthens the connection to the metropolitan areas of Nanning and Shenzhen. The line thus makes an important contribution to better regional and international networking, in particular by connecting southern China with the neighboring countries of Southeast Asia. The order has a volume of around €20 million. The rail fastening systems are scheduled to be delivered in 2025.
Oliver Schuster, CEO of Vossloh AG, comments: "The signing of the contract confirms our technological expertise and the high quality of our products, which meet the most demanding standards of modern rail infrastructure projects. We are all the more pleased to receive another order from our Chinese customers - a sign of trust that also makes an important contribution to achieving our ambitious goals for the current year."
The Chinese high-speed rail network is the largest and most modern in the world. It currently covers just over 49,000 kilometers and is set to grow to over 70,000 kilometers by 2035. Vossloh has been successfully active in China for almost 20 years, particularly in the expansion of the high-speed network. The Chinese subsidiary Vossloh Fastening Systems China Co. Ltd. based in Kunshan has around 130 employees and is one of the leading local suppliers of rail fastening systems.