on Vossloh AG (isin : DE0007667107)
Vossloh Secures €20 Million Rail Fastening Order in China

Vossloh Aktiengesellschaft has won a significant order in China, valued at approximately €20 million. The deal involves the supply of rail fastening systems for a high-speed line connecting Yulin and Cenxi in southern China. Scheduled deliveries are set for 2025.
This project is a vital part of China's extensive high-speed rail network, enhancing connections within the Guangxi region and linking major metropolitan areas like Nanning and Shenzhen. It further strengthens regional and international ties by improving access to Southeast Asian countries.
Vossloh CEO Oliver Schuster emphasized the contract as a validation of the firm's technological expertise and product quality. The company's Chinese subsidiary in Kunshan, with about 130 employees, stands as a leading local supplier in this sector.
China's high-speed rail network, the largest globally, aims to expand from 49,000 to over 70,000 kilometers by 2035. Vossloh has a successful 20-year track record in supporting this infrastructure growth.
R. P.
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