Vossloh secures record orders in 2024, boosted by major Moroccan rail contracts

Vossloh secures record orders in 2024, boosted by major Moroccan rail contracts
Sunday 20 April 2025 - 22:41

German rail equipment leader Vossloh achieved record-breaking orders in 2024, exceeding €1.3 billion, largely thanks to strategic contracts in Morocco, including for the high-speed rail line between Kenitra and Marrakech.

Selected by Morocco’s ONCF at the end of 2024, Vossloh will supply essential track equipment, such as switches and fastening systems, for the 245 km stretch between Casablanca and Marrakech, part of the country’s ambitious Rail Plan 2040.

The €75 million deal solidifies Vossloh’s status as a key partner in Morocco’s railway modernization, with deliveries scheduled through 2028.

This partnership builds on Vossloh’s earlier involvement in Casablanca’s tramway network, reinforcing its reputation in the Moroccan market.

Globally, the company reported a 12.1% order growth in 2024, reaching €1.2 billion in revenue, with 2025 forecasts between €1.25 and €1.325 billion. Its growth outlook is strengthened by expansion in China, the U.S., and Europe, including the planned acquisition of Sateba, a leader in concrete railway components.

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