“The capacity Astra Rail Industries is 5000 wagons per year and we consider we are one of the biggest freight car manufacturing capacity in Europe. We develop and design the freight wagons, including bogies production,” Fulger Popescu, COO Astra Rail Industries said, during the Railway Pro Technology and Services Forum, organised by Railway PRO, Club Feroviar and the Romanian Railway Industry Association (AIF) in April 2017.
Astra Rail business areas involve the development, design and testing, freight car and bogie production, modernization, revision and repair, including steel components and mechanical processing.
For the development, the company’s location is Astra Rail – Switzerland, Astra Rail Project – Slovakia / Poprad and ICPV – Romania in Arad and for production & service, the company business areas are in Romania, in three locations (Arad, Severin and Caracal). The company has its sales offices in Great Britain, Switzerland, Germany and Romania.
Within Astra‘s 350.000 m2 production area, the company owns an in-house testing facility for benches teste to verify the dynamic and static strength, brake tests and tests for derailment in curves.
The Astra Rail Industries’ plant in Arad and the company’s products were presented at the technical visit, in the second day of the Forum.
In October 2016, the Greenbrier Companies and Astra Rail Management GmbH announced plans to form a new company, Greenbrier-Astra Rail that will create an end-to-end, Europe-based freight railcar manufacturing, engineering and repair business. The combined enterprise will be formed between Greenbrier’s European operations headquartered in Swidnica, Poland and Astra Rail based in Germany and Arad, Romania. As partial consideration for its majority interest, Greenbrier will pay Astra Rail EUR 30 million at closing and EUR 30 million 12 months after closing. Greenbrier expects the transaction to be accretive to earnings per share by the end of fiscal year 2017.
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