DGAP-News: Vossloh Aktiengesellschaft: Vossloh wins order from China to supply world's first zero-emission high-speed grinding trains
DGAP-News: Vossloh Aktiengesellschaft
/ Key word(s): Incoming Orders
Vossloh Aktiengesellschaft: Vossloh wins order from China to supply world's first zero-emission high-speed grinding trains
19.01.2022 / 10:00
The issuer is solely responsible for the content of this announcement.
Vossloh wins order from China to supply world's first zero-emission high-speed grinding trains
Order includes the delivery of initially three machines Completely emission-free grinding operation possible for the first time China currently Vossloh's most important market for innovative rail maintenanceWerdohl, January 19, 2022. Vossloh, a long-established and world-leading supplier of rail infrastructure products and services, was awarded a trendsetting contract for the supply of three high-speed grinding trains (HSG-city) for use in the metro network of the southern Chinese metropolis of Shenzhen at the beginning of this year. By coupling to the electric traction unit, the newly developed grinding train draws its power from the conductor rail and can therefore be operated completely emission-free.
"With our portfolio of innovative products and services for the rail track, we as a company make a major contribution to sustainable mobility worldwide. True to our guiding principle 'enabling green mobility', the development of an emission-free HSG-city is another consistent step on our green path. In this way, we want to contribute to leaving future generations an ecosystem that is as intact as possible," explains Oliver Schuster, CEO of Vossloh AG.
HSG (High-Speed Grinding) technology is used for preventive maintenance of the rail network. Based on a grinding process that is unique worldwide, Vossloh maintenance machines can be used at a speed of 80 km/h on mainline lines or up to 60 km/h on urban transport lines. This means that maintenance work can be carried out during ongoing operations without the need for timetable adjustments or even line closures. Regular use of the HSG machines effectively prevents rail defects, significantly increases rail service life and clearly reduces rail noise.
Especially in China's fast-growing mega-metropolises, the expansion of local public transport is progressing at a rapid pace. Rail networks are being extended and traffic density is increasing. Demand for highly efficient maintenance technology from Vossloh is rising accordingly. More than 17 million people currently live in the Shenzhen metropolis and the metro registers up to 7 million passengers daily. The local rail network covers more than 400 km and is to be extended to over 1,000 km in the long term.
"China is and remains a particularly important market for us, also in the service business. Including the three HSG-city's for Shenzhen Metro we have received orders for the delivery of a total of eight HSG-city's and one VTM compact milling machine from China in the last 12 months. I am very pleased about this great success and the confidence of our customers, which is an impressive proof of our technology leadership," says Jan Furnivall, member of Vossloh's Executive Board.
Contact information for the media:
Andreas Friedemann (Kirchhoff Consult AG)
Phone: +49 (0) 2392 52-608
Email: presse@vossloh.com
Contact information for investors:
Dr. Daniel Gavranovic
Phone: +49 (0) 2392 52-609
Email: investor.relations@vossloh.com
Vossloh is a globally active technology Group dedicated for over 135 years to quality, safety, reliability, innovation and a focus on the customer. Vossloh's comprehensive range of track-related products and services make the company a leader in the global market in this area. Vossloh provides a uniquely wide range of services: rail fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based services for the entire lifecycle of rails and switches. Vossloh uses its extensive understanding of rail infrastructure to meet the key customer need of track network availability.
Vossloh products are in use in more than 85 countries. With close to 80 Group companies in around 30 countries and over 35 production sites, Vossloh is a global company with a local presence. Vossloh is committed to sustainable governance and climate protection and makes an important contribution to sustainable passenger and freight mobility with its products and services.
The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2020 fiscal year, Vossloh achieved sales of about €870 million with approximately 3,500 employees.
Vossloh AG * Vosslohstrasse 4 * 58791 Werdohl, Germany * Telephone +49 (0) 239 252-0 * Fax +49 (0) 239 252-538 * www.vossloh.com
Company headquarters: Werdohl, Germany * Commercial register: Local court of Iserlohn HRB 5292
Chairman of the Supervisory Board: Prof. Dr. Rüdiger Grube
Executive Board: Oliver Schuster (CEO) * Dr. Thomas Triska * Jan Furnivall
19.01.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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1270127 19.01.2022