Wabtec Finalizes $405-Million Locomotive Deal with Kazakhstan Temir Zholy
Wabtec (NYSE: WAB) has secured a $405-million agreement with Kazakhstan Temir Zholy (KTZ) to supply Evolution Series ES44ACi locomotives. This deal aims to upgrade KTZ's aging fleet and support growing rail demand in the region. The locomotives feature a 12-cylinder, 4,500-horsepower engine, designed to operate in Kazakhstan's extreme weather conditions and mountainous terrain.
The ES44ACi offers improved efficiency, reliability, and operational savings, with longer periods between maintenance overhauls. The locomotives will be built at Wabtec's Lokomotiv Kurastyru Zauyty plant in Astana, which employs over 700 people and meets global quality standards. Delivery of the first locomotives is set to begin next year, joining KTZ's existing fleet of approximately 451 Evolution Series freight locomotives.
Wabtec (NYSE: WAB) ha ottenuto un accordo di 405 milioni di dollari con Kazakhstan Temir Zholy (KTZ) per fornire locomotori della Serie Evolution ES44ACi. Questo accordo ha lo scopo di aggiornare la flotta datata di KTZ e supportare la crescente domanda ferroviaria nella regione. I locomotori sono dotati di un motore a 12 cilindri da 4.500 cavalli, progettato per operare nelle estreme condizioni meteorologiche e nel terreno montagnoso del Kazakistan.
L'ES44ACi offre una maggiore efficienza, affidabilità e risparmi operativi, con periodi più lunghi tra le revisioni di manutenzione. I locomotori saranno costruiti presso lo stabilimento di Lokomotiv Kurastyru Zauyty di Wabtec ad Astana, che impiega oltre 700 persone e rispetta gli standard di qualità globali. La consegna dei primi locomotori è prevista per il prossimo anno, unendosi alla flotta esistente di KTZ di circa 451 locomotori da carico della Serie Evolution.
Wabtec (NYSE: WAB) ha conseguido un acuerdo de 405 millones de dólares con Kazakhstan Temir Zholy (KTZ) para suministrar locomotoras de la Serie Evolution ES44ACi. Este acuerdo tiene como objetivo modernizar la flota envejecida de KTZ y apoyar la creciente demanda ferroviaria en la región. Las locomotoras cuentan con un motor de 12 cilindros de 4.500 caballos de fuerza, diseñado para operar en las extremas condiciones climáticas y en el terreno montañoso de Kazajistán.
El ES44ACi ofrece una mayor eficiencia, fiabilidad y ahorro operativo, con períodos más largos entre las revisiones de mantenimiento. Las locomotoras se fabricarán en la planta de Lokomotiv Kurastyru Zauyty de Wabtec en Astana, que emplea a más de 700 personas y cumple con los estándares de calidad globales. La entrega de las primeras locomotoras está prevista para el próximo año, uniéndose a la flota existente de KTZ de aproximadamente 451 locomotoras de carga de la Serie Evolution.
Wabtec (NYSE: WAB)는 카자흐스탄 텔미르 졸리(KTZ)와 4억 5백만 달러 규모의 계약을 체결하고 에볼루션 시리즈 ES44ACi 기관차를 공급합니다. 이 계약은 KTZ의 노후 된 열차를 현대화하고 지역의 증가하는 철도 수요를 지원하는 것을 목표로 합니다. 기관차는 카자흐스탄의 극한 기후 조건과 산악 지형에서 운행할 수 있도록 설계된 4,500마력의 12기통 엔진을 갖추고 있습니다.
ES44ACi는 효율성, 신뢰성 및 운영 비용 절감이 향상되어 유지 보수 간격이 길어집니다. 기관차는 아스타나에 있는 Wabtec의 로코모티프 쿠라스투루 자우이티 공장에서 제작되며, 이 공장은 700명 이상의 직원을 고용하고 글로벌 품질 기준을 충족합니다. 첫 번째 기관차의 배송은 내년 시작될 예정이며, KTZ의 약 451대의 에볼루션 시리즈 화물 기관차와 합류하게 됩니다.
Wabtec (NYSE: WAB) a conclu un accord de 405 millions de dollars avec Kazakhstan Temir Zholy (KTZ) pour fournir des locomotives de la série Evolution ES44ACi. Cet accord vise à moderniser la flotte vieillissante de KTZ et à soutenir la demande ferroviaire croissante dans la région. Les locomotives sont équipées d'un moteur à 12 cylindres de 4 500 chevaux, conçu pour fonctionner dans des conditions climatiques extrêmes et sur un terrain montagneux au Kazakhstan.
Le modèle ES44ACi offre une meilleure efficacité, fiabilité et économies d'exploitation, avec des intervalles d'entretien prolongés. Les locomotives seront construites à l'usine Lokomotiv Kurastyru Zauyty de Wabtec à Astana, qui emploie plus de 700 personnes et respecte les normes de qualité mondiales. La livraison des premières locomotives est prévue pour l'année prochaine, rejoignant la flotte existante de KTZ d'environ 451 locomotives de fret de la série Evolution.
Wabtec (NYSE: WAB) hat einen Vertrag über 405 Millionen Dollar mit Kazakhstan Temir Zholy (KTZ) abgeschlossen, um Evolution Series ES44ACi-Lokomotiven zu liefern. Dieser Vertrag zielt darauf ab, die alternde Flotte von KTZ aufzurüsten und die wachsende Nachfrage im Schienenverkehr in der Region zu unterstützen. Die Lokomotiven verfügen über einen 12-Zylinder-Motor mit 4.500 PS, der für den Betrieb unter den extremen Wetterbedingungen und dem bergigen Terrain in Kasachstan konzipiert ist.
Die ES44ACi bietet eine verbesserte Effizienz, Zuverlässigkeit und Betriebskostenersparnis, mit längeren Wartungsintervallen. Die Lokomotiven werden im Wabtec-Werk Lokomotiv Kurastyru Zauyty in Astana gebaut, das über 700 Mitarbeiter beschäftigt und globalen Qualitätsstandards entspricht. Die Lieferung der ersten Lokomotiven soll im nächsten Jahr beginnen und sich der bestehenden Flotte von KTZ mit etwa 451 Lokomotiven der Evolution Series anschließen.
- Secured a $405-million agreement for locomotive supply
- Strengthens Wabtec's position in the CIS region
- Locomotives designed for improved efficiency and lower life-cycle costs
- Local production at Wabtec's plant in Astana, supporting employment
- None.
Insights
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The deal has several positive implications:
- It strengthens Wabtec's position in the CIS market and solidifies its long-standing relationship with KTZ.
- The ES44ACi locomotives offer improved efficiency and reliability, which should translate to operational cost savings for KTZ.
- Local production at Wabtec's Astana plant supports Kazakhstan's economy and workforce.
- The order aligns with Kazakhstan's strategic goal of becoming a key rail hub in the CIS region.
For investors, this deal demonstrates Wabtec's ability to secure large, international contracts and its strong foothold in emerging markets. The
The Evolution Series ES44ACi locomotives represent a significant technological advancement for KTZ's fleet. These locomotives are designed to operate efficiently in Kazakhstan's extreme weather conditions and mountainous terrain, which is important for maintaining reliable transportation links between China and the West.
Key efficiency features include:
- A 12-cylinder, 4,500-horsepower engine that balances high power output with low life-cycle costs.
- Extended periods between maintenance overhauls, reducing downtime and maintenance costs.
- Improved performance in heavy-haul operations, which is essential for freight transportation.
From a manufacturing perspective, Wabtec's ability to produce these locomotives locally at their Astana plant demonstrates their commitment to localization and quality. The plant's adherence to global quality standards (MC ISO 9001-2015) ensures that the locomotives will meet international benchmarks for reliability and performance.
This deal not only showcases Wabtec's manufacturing capabilities but also positions them as a key player in modernizing rail infrastructure in developing markets. The long-term implications of this contract could lead to further orders and partnerships in the region, potentially driving sustained growth for Wabtec.
“Kazakhstan has a progressive and open-thinking local government that understands the importance of railways in driving the local economy,” said Gokhan Bayhan, Wabtec’s Regional Senior Vice President, Operations for CIS,
The locomotive features a 12-cylinder, 4,500-horsepower Evolution Series engine, which provides a high horsepower and low life-cycle costs, improving performance in heavy-haul operations. It is designed to operate in the demanding extreme weather conditions and mountainous terrain of
The new locomotives will be built at Wabtec’s Lokomotiv Kurastyru Zauyty plant in Astana. The plant meets all global quality standards, such as MC ISO 9001-2015, and employs over 700 people.
“This order builds upon Wabtec’s strong relationship with KTZ to transform Kazakhstan’s rail industry,” said Bayhan. “For more than 20 years, we have been working together to position the country as a rail hub in the CIS region. Our companies continue to explore opportunities that improve the fleet and overall efficiency of the rail ecosystem.”
Wabtec will begin delivering the first locomotives from the order next year. The new additions will join a fleet of approximately 451 Evolution Series freight locomotives already operating in KTZ’s fleet.
About Wabtec
Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a sustainable rail system in the
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Source: Wabtec
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