on Vossloh AG (ETR:VOS)
Vossloh Secures Significant Contracts in China
Vossloh AG, a leading rail infrastructure technology company, has announced the acquisition of two substantial contracts in China. The contracts involve the supply of fastening systems for high-speed rail lines in Shandong Province. Deliveries are set to commence in 2027, with production carried out at Vossloh’s Kunshan facility. The total value of these contracts is approximately 60 million euros.
The Jinan–Zhaozhuang high-speed line, spanning 269 kilometers, will connect Jinan with the southern economic regions of Shandong. Notably, it will also enhance tourism, linking sites like Qufu, the birthplace of Confucius. Meanwhile, the Qingdao–Zhucheng line, at 109 kilometers, will link the port of Qingdao with industrial and tourism hubs.
These lines will operate trains capable of speeds up to 350 kilometers per hour. Vossloh System 300 rail fastenings, a global standard for high-speed rail, will be employed. CEO Oliver Schuster expressed pride in supporting China's green mobility initiatives.
R. E.
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