Vossloh secures another major contract for the delivery of rail fastening systems in China
Contract concerns the construction of a new high-speed line.
Vossloh has again received a major order to supply rail fastening systems for the construction of a high-speed line in China. The line connects the two cities of Xiong'an in Hebei Province in the north and Shangqiu in the central Chinese province of Henan. The order has a sales volume equivalent to almost €50 million and underlines Vossloh's continued strong market position in the important Chinese market.
With a planned route length of over 600 kilometers and speeds of up to 350 km/h, this line will make a significant contribution to improving the mobility of the population and to the economic development of the region. The deliveries of the rail fastening systems will mostly take place in 2024.
"The contract is further proof of the trust and recognition we enjoy in China," says Oliver Schuster, CEO of Vossloh AG, adding: "This order confirms our technological excellence and our ability to provide innovative and reliable fastening solutions that can withstand the highest loads. Vossloh has been making a significant contribution to the development of modern and sustainable transport infrastructure in China for 17 years now."
The Chinese high-speed network currently covers just over 40,000 kilometers and is set to grow significantly further. By 2035 it is expected to have been extended to over 70,000 kilometers. The Vossloh Group is represented in China, among others, by its subsidiary Vossloh Fastening Systems China Co. Ltd. based in Kunshan. The company employs around 120 employees and is one of the leading local suppliers of rail fastening systems, especially for highly demanding applications on high-speed lines.