A German contract for Track Tec
Still in October this year Track Tec will make a test delivery of railroad turnout components for a German manufacturer of turnouts. Thanks to undisputed quality and innovation of the solutions provided by the Group, this contract may pay off with more orders which will play a vital role in the context of the Group’s plans for energetic development.
Track Tec will supply the German manufacturer of turnouts with frogs that are a key component of any turnout. This order is of strategic importance for the Group as it may open new markets, important for the consistent development of the Group. It has to be noted that all the plants manufacturing railroad turnouts are located in Central and Western Europe.
“We are in the process of expansion beyond our domestic market, which is a part of a long-term strategy based on the constant growth of our business. This collaboration has the potential to become a starting point of a very promising collaboration with a high profile customer”, said Jarosław Pawluk, President of the Management Board of Track Tec S.A.
The German contract is another step in Track Tec’s expansion. In recent weeks the Group made deliveries of turnout elements to the United States and supplied components for turnouts to be built in China by a Turkish construction company.
// 19.10.2011
