4/1/2016
Swiss Train and Tramcar Manufacturer Stadler Has Also Disclosed that It May Invest in Turkey
Peter Jenelten, Executive Vice President, Marketing & Sales at Stadler Rail AG: “The amount and form of the investment we will make is still not clear. However, we have to be in such a large market. We have 7,000 co-workers as of today with an annual turnover of over € 2 billion. We have production plants in Germany, Hungary, Poland, Spain and Belarus worldwide. Turkey is a market where national producers are also strong. We may also work on utilizing Turkish suppliers or with a Turkish partner upon taking a decision on investment.”
The need for railway vehicles will also increase with future prospects in Turkey that draws attention with new high speed train lines and inner-city rail system investments. As a matter of fact, one of the most extensive investment items in the investment program of TCDD today is the procurement of 106 high speed train sets. Besides this, the procurement of quite a number of metro vehicles and tramcars to be operated on inner-city rail systems and metro lines particularly in Istanbul is expected to be on the agenda in the near future. The developing and growing railway vehicles market of Turkey draws the attention of foreign investors. Particularly, the interest of gigantic high speed train and tramcar producers in Europe in the Turkish market is growing. Stadler's Executive Vice President, “We have to be in such a large market” The most recent disclosure on the matter has been made by Swiss Train and Tramcar Manufacturer Stadler. Peter Jenelten, Executive Vice President, Marketing & Sales at Stadler Rail AG said: “There is growing interest in railway vehicles in Turkey. TCDD also has extensive investment plans in the field. The amount and form of the investment we will make is still not clear. However, we have to be in such a large market.” Peter Jenelten noting that Stadler was founded in 1942, made the following statement: “We have 7,000 co-workers as of today with an annual turnover of over € 2 billion. We have production plants in Germany, Hungary, Poland, Spain and Belarus worldwide. We also have companies in over 10 countries with expertise on maintenance. Our production mainly consists of tramcars, passenger railway cars, commuter trains, inter-city trains, high speed trains and electrical-diesel operated locomotives. All our products have been designed with low energy consumption. Our FLIRT (Fast Light Innovative Regional Train) model tops the list as one of the most demanded products. The train model in question is in operation in 17 countries”. Peter Jenelten pointing out that there has been an increase in the investments made by TCDD and municipalities in metro lines, said “The need for metro lines in Turkey increases day by day. The amount of investments in the said area is of utmost importance. There are gigantic projects. Turkey is a market where national producers are also strong. We may also work on utilizing Turkish suppliers or with a Turkish partner upon taking a decision on investment. Studies on the said field are of utmost importance for us. The sector also grows with speed worldwide. New investments are being put into life particularly in developed countries”.
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