Vossloh wins additional large rail fastening systems order for high-speed line in China

  • Order volume of approximately €50 million
  • Shipments to start at the end of 2017

VFSC (Vossloh Fastening Systems China), the subsidiary of Vossloh’s Core Components division based in Kunshan, China, has won another tender for high-speed fastening systems worth approximately €50 million. The order is divided into two tranches. Vossloh Fastening Systems China will supply the route from Qingdao City to Ji Nan City, a section of the approximately 700-kilometer connection from Qingdao on the east coast to Taiyuan, southwest of Beijing. Speeds of up to 250 km/h are planned for this route. In Ji Nan, the line will be connected to the North-South line from Beijing to Shanghai.

Vossloh has been represented with own production plants in China since 2007 and is one of the largest suppliers of fastening systems for high-speed lines in the country. From 2006 to this day, approximately 19,000 km of railroads with speeds exceeding 200 km/h have been constructed and put into operation in China. The high-speed rail network in China accounts for more than 50 percent of the high-speed lines currently in operation throughout the world.

Werdohl, July 18, 2016

Contact information for media:
Lucia Mathée, MATHEE GmbH
Phone: (+49-23 92) 52-608
Email: presse@ag.vossloh.com

Contact information for investors:
Lucia Mathée, MATHEE GmbH
Phone: (+49-23 92) 52-609
Email: Investor.relations@ag.vossloh.com

Vossloh is a global player in the rail technology markets. Our core business is rail infrastructure. In addition, the Group is active in the areas of rolling stock and electric buses. Since January 1, 2015, the activities of the Group have been divided into the four divisions Core Components, Customized Modules, Lifecycle Solutions and Transportation. In the financial year 2015, Vossloh generated sales of €1.2 billion with approximately 4,900 employees.