Vossloh Locomotives in Kiel, subsidiary of Vossloh AG, signed a contract for the delivery of 44 DE 18 diesel-electric locomotives with Akiem. The value of the contract 140 million.
The locomotives for Akiem will be produced at the new Vossloh Locomotives location in Kiel Suchsdorf and shipped from 2018 onwards. In addition to the relocation of the production site.
In addition to the relocation of the production site, the order supports the improvement in the revenue and earnings power of Vossloh Locomotives, which had already been presumed in the planning.
“The order is a great sales success for Vossloh Locomotives and provides our new location in Kiel Suchsdorf with a very good basic capacity utilization for several years. We will move into the new facilities starting in fall of 2016,” Hans M. Schabert, Chairman of the Executive Board of Vossloh AG said.
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