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The train business is developing rapidly. Worldwide. Peter Spuhler (64), CEO and Chairman of the Board of Directors of the train manufacturer Bussnang TG, is also pleased. Last year the company recorded record sales of 3.75 billion francs. Order books are fuller than ever.
Spuhler is currently looking primarily at Austria. Because there he is competing for a large order from the Austrian Federal Railways (ÖBB). Together with Chinese train manufacturer CRRC, it is the world’s largest manufacturer with 160,000 employees and sales of 28.8 billion euros. NZZ first reported this.
In addition to the Chinese – they are heavily supported by the state – only Stadler Rail is still operating. The decision of the supervisory board is explosive. Are you buying from a Swiss train manufacturer with production facilities in Austria? Or is it the Chinese who are trying to enter the European market with all their might? This meant they could supply a major European railway company for the first time.
According to insider information, Peter Spuhler repeatedly lobbied in Vienna to prevent the award to the CRRC. He is said to be well-connected and vocal. Stadler Rail has already received several large orders from ÖBB. In return, the company will establish a development department of 50 people in Vienna.
During the summer, Stadler Rail managed to receive an order for the delivery of 120 battery-powered trains to the ÖBB. The relevant framework agreement is planned to be signed and the first order for 16 trains is planned to be placed in the autumn. Flirt Akku trains will replace the diesel fleet and will be used on non-electrified or only partially electrified routes, especially in Eastern Austria.
Exciting: The traction batteries installed in these trains are charged under overhead lines during the journey. By doing this, he says, they enable “sustainable rail operations on non-electrified parts of the route.” According to ÖBB’s statement, the duration of the framework agreement will be 10 years and its total volume may reach up to 1.3 billion euros. (pbe)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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