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Stadler Rail discusses co-op opportunities with Georgian Railway (Exclusive)

Georgia Materials 10 February 2022 19:21 (UTC +04:00)
Stadler Rail discusses co-op opportunities with Georgian Railway (Exclusive)

BAKU, Azerbaijan, Feb. 10

By Maryana Akhmedova – Trend:

Stadler Rail, a manufacturer of railway rolling stock from Switzerland, discusses new cooperation opportunities with Georgia in connection with the company’s activities in the country, the representative of Stadler Rail told Trend.

Stadler Rail continues negotiations with Georgian Railway about possible supplies, the source said.

“Possible local value-added shares are also being examined as part of the negotiations,” Stadler Rail added.

Meanwhile, at the meeting with the President of Georgia Salome Zourabichvili, the company’s CEO Peter Spuhler positively assessed Georgia as a regional transit hub, and favorable business environment existing in the country.

The company expressed its interest in creating an assembly line for trains and necessary parts and building train manufacturing in Georgia.

Stadler Rail is the largest Swiss company with 80 years of experience, producing various types of passenger and freight trains.

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