Categories: Market

Peter Spuhler gets 2.3 billion orders with Stadler

Stadler Rail boss Peter Spuhler, 63, is on a big fishing trip: The Swiss rolling stock maker has won an order worth 2.3 billion euros in Kazakhstan, as Stadler announced on Tuesday evening. In addition to vehicle production, the framework agreement includes a 20-year maintenance contract.

Stadler is also taking over a local production facility in Astana with around 100 employees. The transfer of technology to the Kazakh capital and the training of local staff at other Stadler factories should occur gradually.

Stadler Rail recently closed its large factory in Belarus almost completely as a result of sanctions over the Ukraine war. Production moved entirely to other countries such as Poland.

According to the communiqué, the delivery of sleeping and couchette wagons to Kazakh Railways is planned to be made in 2030. There is also an option for additional orders to further modernize the country’s rail fleet. (sda/smt)

Source :Blick

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