RAIL.ONE strengthens management for further growth

Tilo Brandis will be appointed new President and CEO
Neumarkt, March 4, 2008 – Tilo Brandis – previously in senior positions in Siemens AG’s ‘Transportation Systems’ and ‘Automation and Drives’ divisions – will take over as President and CEO of RAIL.ONE Group, formerly Pfleiderer track systems, in March 2008.

As planned, Hans Bachmann leaves the Managing Board for reasons of age. He will continue to advise the Company as an external consultant in the future, contributing his decades of experience and wide range of contacts to ensure that RAIL.ONE continues its successful course.

Richard Ziegler takes over as Executive Vice President and COO with responsibility for Technology and Operations. His know-how will strengthen the Company’s operating force as a worldwide leading supplier of concrete sleepers and rail track systems.

Last year, the RAIL.ONE Group achieved total sales of around 150 million euros. Its Managing Board will comprise of:

  • Tilo Brandis, President and CEO
  • Richard Ziegler, Executive Vice President and COO
  • Gerhard Binner, Executive Vice President and CFO

Tilo Brandis, born in 1967 in Rheinhausen, studied mechanical engineering at the Technical Universities of Braunschweig and Hamburg-Harburg. After graduation, Brandis went on to complete an MBA at the University of Stirling in Scotland and further training in competition and strategy at the Harvard Business School.

The first step in Brandis’ career took him to HBS Consulting Partners, where he worked as a project manager and management consultant. In 1997, Brandis then moved to Siemens AG, where he worked until 2003 in various senior positions in the Transport Systems division. In 2003, he became President of Siemens AG A&D Assembly Systems, with responsibility for 2,300 employees and sales of around 600 million euros. Before joining RAIL.ONE Brandis led Siemens AG’s takeover of the US software corporation UGS Corp. based in Dallas, Texas as its President.

Tilo Brandis is looking forward to his new leadership responsibilities as head of the RAIL.ONE Group: “RAIL.ONE is a company with very attractive growth prospects in the international project and infrastructure supply segment. Together with my colleagues and our employees, we will continue the company’s success story over the last few years and push forward with its dynamic growth.”

Short profile of RAIL.ONE The RAIL.ONE Group provides comprehensively oriented systems and engineering for the entire rail track sector and its many and varied requirements. With its patented RHEDA 2000 ballastless track system, the company has achieved an internationally leading position in the area of high-speed rail transportation.

RAIL.ONE also manufactures a range of concrete main-track and turnout sleepers. Working in close cooperation with its customers and associates, the company offers comprehensive one-shop services covering product development, design, project engineering, production, supply and logistics to quality management. With plants in Germany, China, Rumania, Spain, South Korea, Turkey and Hungary, RAIL.ONE produces more than 2.5 million main-track sleepers and over 600,000 linear meters of turnout sleepers per year. Sales came to around 150 million euros in 2007.