Vossloh Aktiengesellschaft: Vossloh wins major contract for the supply of infrastructure components in Norway
DGAP-News: Vossloh Aktiengesellschaft
/ Key word(s): Incoming Orders
Vossloh wins major contract for the supply of infrastructure components in Norway
Werdohl, August 5, 2021. Vossloh, a leading international supplier of rail infrastructure products and services, has won a comprehensive framework contract in Norway. Via its Swedish subsidiary Vossloh Nordic Switch Systems AB, switches and crossings will be supplied over the coming years to Bane NOR, the state-owned infrastructure manager of the roughly 4,200-km-long rail network in Norway. The agreement mainly covers the supply of switches and crossings for conventional rail lines as well as the development of a new range of switches for heavy-haul lines. In addition, Bane NOR chose as standard way of delivery the supply of fully assembled switches on special tilting wagons, delivered just-in-time from Vossloh's Swedish plant. Finally, the contract also covers the supply of an extensive range of spare parts for all existing switches and crossings in the Norwegian network. The contract has an initial term of two years and includes extension options for further six years. Deliveries under the framework agreement are scheduled to start already in the course of the current year. The order value for the entire term including options is over €80 million. Within the Vossloh Group, Vossloh Nordic Switch Systems is part of the Customized Modules division. Based in Ystad, Sweden, the company employs a local workforce of around 150 and specializes in the development, manufacture and distribution of switch systems. Contact information for the media: 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 AG * Vosslohstrasse 4 * 58791 Werdohl, Germany * Telephone +49 (0) 239 252-0 * Fax +49 (0) 239 252-538 * www.vossloh.com
05.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Vossloh Aktiengesellschaft |
Vosslohstr. 4 | |
58791 Werdohl | |
Germany | |
Phone: | +49 (0)2392 52 - 359 |
Fax: | +49 (0)2392 52 - 219 |
E-mail: | investor.relations@vossloh.com |
Internet: | www.vossloh.com |
ISIN: | DE0007667107 |
WKN: | 766710 |
Indices: | SDAX |
Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1224221 |
End of News | DGAP News Service |
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1224221 05.08.2021