Vossloh Ag (VOSSF)

Vossloh AG was registered on 1990. The Company is a German-based company operates in the rail infrastructure and rail technology markets. The Company's businesses comprise rail infrastructure products and services, rail vehicles, and components for rail vehicles and buses. It has two divisions: Rail Infrastructure and Transportation. Rail Infrastructure offers products and services related to the infrastructure. The division has three business units: Fastening Systems, Switch Systems, and Rail Services. Vossloh Fastening Systems is a supplier of rail fastening systems. The product lineup covers rail fasteners for all types of transport, from light-rail extending over heavy-haul to high-speed. Vossloh Switch Systems supplies, installs and services switches as well as control and monitoring systems for rail networks. The products range from light-rail to high-speed lines. Vossloh Rail Services supplies all types of services having to do with the rails themselves, including welding, transport, maintenance, preventive care, and reconditioning. The Transportation division covers the operations concerned with rail vehicles and vehicle systems/components including the related services. The division has two business units: Transportation Systems and Electrical Systems. With production locations at Valencia, Spain, and Kiel, Germany, Vossloh Transportation Systems is Europe's manufacturer of diesel locomotives and additionally supplies maintenance services. At Valencia location it also develops and builds light rail vehicles. Vossloh Electrical Systems develops and manufactures key electrical components and systems for local transport rail vehicles and locomotives. The business unit is among the world's foremost suppliers of electrical equipment for trams as well trolleybuses and hybrid buses. Besides furnishing complete systems the unit supplies air conditioners for rail vehicles, individual components, subassemblies, revamping work, servicing, and maintenance. The Company's European production plants are in Germany, France, Spain, Luxembourg, Sweden, Poland, and Austria. Outside of Europe, Vossloh produces switch systems mainly in Australia and in the USA. It has rail fastener plants in China and Turkey. Further, a production location in the U.S.A is currently under construction. Vossloh operates through sales companies and branches and has in some instances, together with competent partners, entered into local joint ventures and alliances.