Germany's Vossloh to supply rail fastening systems in China deal
A View of the administrative offices of Vossloh Locomotives. 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. Frank Molter/dpa
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."
