The Valencian subsidiary of Stadler continues at full speed increasing its order book, even if it is on the other side of the globe. The railway factory of the Swiss group Stadler in Albuixech (Valencia) has just obtained an important order for locomotives in the antipodes, which also represents the manufacturer’s first contract in New Zealand.
The New Zealand state company KiwiRail, which operates the rail freight services in New Zealand and the ferry services between the islands, has signed a framework contract for the purchase of 57 diesel locomotives for an amount of 228 million euros.
Stadler will supply state-of-the-art monocoque locomotives specially tailored and designed for KiwiRail’s specific requirements and operating schemes. The new narrow gauge locomotives will be used in freight and passenger rail operations, mainly in the South Island where they will replace the current fleet of the state company that is around 47 years old on average. The new diesel machines will make it possible to reduce the number of locomotives, as well as pollutant emissions.
“We are very proud to have signed our first contract for New Zealand and fully committed to our long-term collaboration with KiwiRail. Beyond the delivery of this first project, our broad portfolio of products and services including modular and custom vehicles, concepts of sustainable traction, digital solutions and as well as tailor-made expert after-sales services, gives us the opportunity to provide greater added value to KiwiRail and New Zealand mobility, “said Íñigo Parra, president of Stadler Rail Valencia.
The agreement contemplates that the first units manufactured in Albuixech reach the antipodes at the beginning of 2024. The new contract represents a boost for Stadler’s locomotive division in Valencia, after having seen its activity guaranteed for the next few years thanks to the contract with Renfe to renovate the high-capacity Cercanías trains. An order for almost 1,000 million euros that will also mean expanding the workforce of the Valencian train factory, which already exceeds 1,350 workers. In addition, Renfe awarded it another contract this summer for the supply of 12 freight locomotives and their spare parts for a total value of 70.7 million euros.
Business grows 38%
The Spanish subsidiary of the Swiss manufacturer, Stadler Rail Valencia, recorded last year a turnover of 361.9 million, which represents an increase of more than 38%. In addition, its net profit was 20.4 million, 3 million less than in 2019. At the end of last year, the Valencian subsidiary had an order portfolio worth 1,603 million euros, including 30 trams for Milan and 24 trams for Jena in Germany.
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