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Vossloh Aktiengesellschaft: Vossloh wins extensive framework contract for the supply of switches in the Netherlands

·3-min read

DGAP-News: Vossloh Aktiengesellschaft / Key word(s): Incoming Orders
08.02.2021 / 10:04
The issuer is solely responsible for the content of this announcement.

Vossloh wins extensive framework contract for the supply of switches in the Netherlands

- Framework contract with a term until 2028

- Major deliveries from 2022 on

Werdohl, February 08, 2021. Vossloh AG has been awarded a framework agreement for the supply of switches in the Netherlands through its subsidiary Vossloh Cogifer Kloos BV. The framework agreement with ProRail BV, the state-owned operator of the roughly 7,000 km rail network, extends until 2028. Major deliveries of switches under the framework agreement are expected from 2022 on.

"This contract is of great importance for Vossloh in several respects. We have been working closely with ProRail for many years and I am honored that this important customer has not only renewed its confidence in us by awarding this framework contract, but has also significantly expanded our business relationship," explains Oliver Schuster, CEO of Vossloh AG. "As part of its tendering process, ProRail also included the aspect of sustainability in its decision, in addition to technical and economic parameters. At Vossloh, we attach great importance to the responsible use of resources and the protection of the environment in the course of our service provision. This commitment is one of the factors that has given us a decisive competitive advantage in the Netherlands."

Within the Vossloh Group, Vossloh Cogifer Kloos belongs to the Customized Modules division. The company, based in Nieuw-Lekkerland, the Netherlands, employs around 30 workers and specializes in the assembly and maintenance of switch systems.

Contact information for the media:
Gundolf Moritz (Mirnock Consulting)
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 active in rail technology markets worldwide. The Company's core business is rail infrastructure. The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2019 fiscal year, Vossloh achieved sales of €916.4 million with an average of 3,786 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


08.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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:

1166496


 

End of News

DGAP News Service

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