Vossloh Wins Chinese Fastening Contract

25 August 2010 (Last Updated August 25th, 2010 18:30)

Vossloh Fastening Systems has signed a contract with the Chinese Ministry of Railways for the supply of high-speed rail fastener systems. The value of the contract is about €40m ($176.9m). The fastener systems, to be supplied next year, will be installed on the Lanzhou–U

Vossloh Fastening Systems has signed a contract with the Chinese Ministry of Railways for the supply of high-speed rail fastener systems.

The value of the contract is about €40m ($176.9m).

The fastener systems, to be supplied next year, will be installed on the Lanzhou–Urumqi line in north-western China.

The company said it will sign related agreements within the coming weeks.