Poland’s Cargounit Invests in Siemens Locomotives for European Rail Modernization

Poland’s Cargounit Invests in Siemens Locomotives for European Rail Modernization

(IN BRIEF) Cargounit, Poland’s leading locomotive leasing company, partners with Siemens Mobility to purchase 30 Vectron locomotives with an option for 60 more, along with 10 Smartron locomotives. The deal aims to enhance cross-border rail transport in Europe. Vectron locomotives, known for sustainability and efficiency, will operate in multiple European countries, with deliveries expected in 2025. The agreement signifies Cargounit’s commitment to modernizing its fleet and expanding operations in Central and Eastern Europe.

(PRESS RELEASE) MUNICH, 28-Feb-2024 — /EuropaWire/ — Siemens AG (ETR: SIE), a German multinational conglomerate and Europe’s largest industrial manufacturing company, announces that Cargounit, Poland’s leading independent locomotive leasing company, has solidified its commitment to sustainable and efficient cross-border rail transport in Europe through two significant agreements with Siemens Mobility.

The first agreement involves the purchase of 30 Vectron locomotives, with an option for an additional 60, alongside an order for 10 Smartron locomotives. This substantial investment underscores Cargounit’s dedication to modernizing its locomotive fleet and expanding its operational capabilities across Central and Eastern Europe.

Siemens Mobility’s Vectron locomotives, known for their versatility and environmental friendliness, play a pivotal role in Cargounit’s strategic vision for the future of rail transport. With plans for the first deliveries in 2025, these locomotives will bolster Cargounit’s fleet, which already includes 66 Vectrons and 18 Smartrons.

Albrecht Neumann, CEO Rolling Stock at Siemens Mobility, emphasized the significance of these orders in advancing sustainable rail transport. “With our Vectron locomotives, Cargounit is paving the way for sustainable and efficient cross-border rail transport in Europe. The new orders reaffirm Cargounit’s trust in one of the most modern and environmentally friendly universal locomotives available on the European market today,” he stated.

Łukasz Boroń, CEO of Cargounit, expressed his confidence in the partnership with Siemens Mobility and highlighted the strategic importance of modernizing their locomotive fleet. “The signing of the agreements with Siemens Mobility marks another milestone for Cargounit in implementing our strategy to modernize our fleet of locomotives for freight and passenger service in Poland and elsewhere in Central and Eastern Europe. Over the past three years, we have significantly exceeded our original goals for purchasing and delivering state-of-the-art locomotives to customers in Poland, including multi-system locomotives. In the coming years, we plan to continue replacing older units with highly reliable, low-emission locomotives in line with the strategy of Cargounit and rail operators to increase sustainability in the rail sector. We are confident that Cargounit will benefit from this trend of modernizing rolling stock in Central and Eastern European countries,” he affirmed.

The Vectron MS locomotives, with their robust power output and advanced ETCS system, are poised to operate seamlessly across multiple European countries, including Poland, Germany, Austria, and more. Meanwhile, the Smartron locomotives will contribute to efficient rail operations in Germany, Bulgaria, or Romania.

Siemens Mobility’s Vectron family continues to dominate the European locomotive market, with over 2,400 units sold to date. With approvals for operation in 20 European countries, Siemens Mobility remains a trusted partner in driving innovation and sustainability in rail transport.

Siemens Mobility is a separately managed company of Siemens AG. As a leader in intelligent transport solutions for more than 175 years, Siemens Mobility is constantly innovating its portfolio. Its core areas include rolling stock, rail automation and electrification, a comprehensive software portfolio, turnkey systems as well as related services. With digital products and solutions, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2023, which ended on September 30, 2023, Siemens Mobility posted revenue of €10.5 billion and employed around 39,800 people worldwide. Further information is available at: www.siemens.com/mobility

Media contact:

Eva Haupenthal
Siemens Mobility GmbH
+49 (152) 01654597
eva.haupenthal@siemens.com

SOURCE: Siemens AG