voestalpine Railway Systems Showcases Digital Innovations at InnoTrans 2024, Supports Major Global Rail Projects

voestalpine Railway Systems Showcases Digital Innovations at InnoTrans 2024, Supports Major Global Rail Projects

(IN BRIEF) voestalpine Railway Systems is showcasing its advanced rail solutions at InnoTrans 2024 in Berlin, the world’s leading transport technology trade fair, which attracts over 130,000 visitors. The company is presenting a range of products and services, including digital diagnostic and monitoring systems that help optimize track availability and reduce maintenance costs. voestalpine’s innovations are being used in major global infrastructure projects, including the UK’s High Speed 2 network and subway systems in Vienna and Singapore. The company generated EUR 2.1 billion in revenue in the 2023/24 financial year.

(PRESS RELEASE) LINZ, 23-Sep-2024 — /EuropaWire/ — voestalpine Railway Systems, a global leader in railroad infrastructure, is set to showcase its cutting-edge rail solutions at the highly anticipated InnoTrans trade fair in Berlin, running from September 24 to 27, 2024. InnoTrans, the premier international event in transport technology, attracts more than 130,000 attendees from around the world.

At this year’s event, voestalpine will present its comprehensive portfolio for all types of rail transport—ranging from mixed traffic to urban transit, high-speed, and freight systems—at an expansive 1,000 m² exhibition space. The primary focus will be on optimizing rail system availability, reducing life cycle costs, and advancing the digitalization of railroad tracks through smart diagnostic, monitoring, and analysis technologies. These innovations will help operators plan maintenance more effectively while saving both time and money.

voestalpine’s two-level exhibition stand will feature a range of products and services, from traditional hardware such as rails, turnouts, and sleepers, to digital solutions that monitor track conditions using advanced diagnostic systems. These technologies offer real-time data collection and immediate analysis, providing rail operators with early warnings of potential issues and allowing for timely maintenance.

Franz Kainersdorfer, a member of the voestalpine AG Management Board and Head of the Metal Engineering Division, emphasized the importance of InnoTrans: “With over 130,000 visitors, this event is a pivotal opportunity to engage with customers and partners, exchanging ideas and showcasing our latest developments.”

voestalpine’s focus on digital transformation is evident in its smart monitoring systems, which allow for continuous tracking of rail conditions. These systems collect real-time status data via sensors embedded in the track, transmitting the information to analysis software and displaying the results in easy-to-read dashboards. This real-time monitoring enables early detection of potential faults, ensuring higher availability and reduced maintenance costs.

The company continues to play a crucial role in large infrastructure projects worldwide. Among its notable ventures, voestalpine is supplying 320 turnout systems and diagnostic software for the UK’s High Speed 2 rail network, the company’s largest project to date. Other significant projects include the modernization of Germany’s rail network and subway systems in Vienna and Singapore.

In the 2023/24 financial year, voestalpine Railway Systems generated revenues of EUR 2.1 billion and employed 7,700 people globally.

The voestalpine Group

voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. The voestalpine Group has been listed on the Vienna Stock Exchange since 1995. With its premium products and system solutions, voestalpine is a leading partner to the automotive and consumer goods industries, as well as to the aerospace and energy industries. The company is also the global market leader in railway systems, tool steel, and special sections. voestalpine is committed to the global climate goals and has a clear plan for transforming steel production with its greentec steel program. In the business year 2023/24, the Group generated revenue of EUR 16.7 billion, with an operating result (EBITDA) of EUR 1.7 billion; it has around 51,600 employees worldwide.

Media Contact:

Peter Felsbach
Head of Group Communications & Spokesman
Tel: +43/50304/15-2090
mediarelations@voestalpine.com

SOURCE: voestalpine AG