Germany’s Vossloh to supply rail fastening systems in China deal
German rail technology group Vossloh said its Chinese subsidiary Vossloh Fastening Systems China has been awarded contract to supply rail fastening systems for a high-speed line between the two southern Chinese cities of Yulin and Cenxi.
The order has a volume of around €20 million ($226 million). The rail fastening systems are scheduled to be delivered in 2025.
Oliver Schuster, chief executive of Vossloh, said: “We are all the more pleased to receive another order from our Chinese customers – a sign of trust that also makes an importantcontribution to achieving our ambitious goals for the current year.”