Vossloh AG: Restructuring moving forward – international expansion being further developed in a focused manner

At the leading trade fair for rail technology, InnoTrans in Berlin, Vossloh AG reported on the current status of the restructuring and realignment of the Vossloh Group. Taking into account the acute need for action, the focus of the restructuring and repositioning program is on the business units Vossloh Electrical Systems, Vossloh Switch Systems and the locomotive business in Kiel. Specifically, it was already decided in the summer to rigorously further advance the strategy of using common parts at Vossloh Locomotives and to focus the business on standardized industrial, shunting and main-line locomotives. An additional significant measure for a sustainably profitable development of Vossloh Locomotives is the upcoming transfer of the production to a completely newly constructed modern site within the city area of Kiel, which is to already take place in 2015. In the framework of the realignment of Vossloh Locomotives the capacity is also being adjusted. Based on the strategic positioning as a fully independent system provider and component supplier of innovative electrical equipment for local rail vehicles, capacities are being adjusted at Vossloh Electrical Systems in the medium-term, as well. Already since summer, Vossloh Rail Vehicles, which is located in Valencia, is responsible for the entire project business with locomotives, including the projects previously initiated in Kiel. The international sales competence of Vossloh Rail Vehicles, which has existed for many years, enables an optimal further development of the entire business with locomotives equipped on a customer-specific basis


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