Business news

Stadler plans to produce converters for trams, trains in Belarus

MINSK, 19 February (BelTA) – Belarus First Vice Prime Minister Alexander Turchin held a working meeting with Stadler Rail Group CEO Peter Spuhler, BelTA learned from the press service of the government.

The parties discussed further prospects of investment cooperation between Stadler and Belarus. Peter Spuhler informed Alexander Turchin about the plans to set up the production of converters  for trams and trains in Belarus. Stadler Minsk plans to promote this product to the markets of the Western Europe countries. Plans are in place to ramp up the production of wagon bodies.

Founded more than 75 years ago, the Swiss company Stadler Rail Group has been one of the leading European manufacturers of railway rolling stock. The company has over 7,000 employees at more than 20 enterprises. Stadler operates affiliated companies in Switzerland, Germany, Hungary, Poland, Czechia, Belarus, service centers in Switzerland, Algeria, Italy, Austria, Hungary, and the Netherlands.

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