on Vossloh AG (ETR:VOS)
Vossloh Secures Major Contract in China's Rail Expansion
Vossloh AG has announced a significant contract win to supply rail fastening systems for China's expanding high-speed rail network. The contract, valued at nearly €20 million, is for a section of the new Xining to Chengdu high-speed line, with deliveries slated for 2027. This project highlights Vossloh's role in China's rapid railway development, with the high-speed network expected to grow from 50,000 to 70,000 kilometers by 2035.
Xining, known for its industrial significance, and Chengdu, an economic hub with 20 million residents, will benefit from this new connection despite challenging geographic conditions. Vossloh's Chinese subsidiary, based in Kunshan, will be pivotal in meeting the demands of this project. The company's efforts in China reflect their long-standing commitment to innovative rail solutions and sustainable mobility.
R. E.
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