Vossloh concludes EUR 100 million agreements

Vossloh has signed multi-year framework agreements with Trafikverket and Rete Ferroviaria Italiana, totaling EUR 100 million. For the Swedish Transport Administration, Vossloh will supply switch components and for RFI switch components and systems for high-speed lines will be delivered.
The EUR 75 million agreement with Trafikverket has a term of at least four years and include two options for extensions of two years each. The Swedish company in the Customized Modules division, which has supplied switch systems and components to Trafikverket for many years, will be responsible for implementation. “We are pleased that the renewed trust Trafikverket placed in Vossloh will allow us to continue our successful cooperation with them. The renewed contract is a sign of the reliability of our products”, says Andreas Busemann, CEO of Vossloh.
In Italy, the framework agreement has a term of two years and a sales volume of EUR 25 million. The components for high-speed turnouts will be manufactured in the French based production units of the Customized Modules division. For many years, Vossloh has maintained successful business relationships with RFI.

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