Vossloh: order intake by division 2021

With the exception of the customized modules division, which saw a decrease in order intake compared with 2020, Vossloh’s 2021 order intake figures were generally up compared with the previous year. In 2021, Vossloh received orders equating approximately 947.6 million euros, compared with 915.5 million euros in 2020. The highest volume of orders received was seen in the customized modules segment, where there was an order intake of 452.5 million euros.

China’s CRRC acquires Vossloh Locomotives

A merge has been approved between the transport segment of German company Vossloh and one of China's largest mechanical equipment companies, CRRC. In recent years, the former German subsidiary found itself losing its edge over new competitors offering new innovations in the market. Through this merge, Vossloh aims to maintain its financial strength and expertise in new industry innovations from CRRC.

The future of rail technology

The demand for new rail technology is growing at an increasingly fast pace due to factors such as globalization and an expanding global population. With these developments, the rail transport industry is subsequently faced with needing to cater to this increase in volume and frequency in the transportation of goods and passengers. In addition to this, as the tendency to want to travel in a more eco-friendly manner is on the rise, rail transport could become more and more popular among consumers in the future.