Company Overview of Stadler Rail AG
Stadler Rail AG manufactures and markets railway vehicles and systems. The company manufactures single-decker low-floor, double-decker multiple-unit, and meter-gauge trains. Additionally, it offers street and mountain cars, rack railway vehicles, body and bogie, locomotives, and passenger coaches. The company was formerly known as Stadler Vehicles AG. Stadler Rail AG was founded in 1942 and is based in Bussnang, Switzerland.
Founded in 1942
Key Executives for Stadler Rail AG
Chairman of the Board of Directors
Group Chief Financial Officer and Member of the Group Executive Board
Executive Vice President of Service and Member of the Group Executive Board
Deputy Group Chief Executive Officer and Member of the Group Executive Board
Executive Vice President of Components and Member of the Group Executive Board
Compensation as of Fiscal Year 2014.
Stadler Rail AG Key Developments
Jakubas Reportedly Mulling Sale of Newag Shares
Jan 26 15
Polish billionaire Zbigniew Jakubas is said to be negotiating sale of a large stake in Newag Spólka Akcyjna (WSE:NWG). Jakubas currently holds a 40% stake of Newag and rumour has it that he wants to raise means to increase his stockholding of telecom giant Netia. To that end, he considers selling Newag shares or merging the based firm with Pesa. The former option seems more likely, as Pesa does not appear to be interested in a capital alliance with its Polish competitor. Newag performed very well in 2014 and has a full backlog for this year, which makes the present an ideal moment for selling the company, daily Puls Biznesu comments, adding that potential bidders include: Alstom Deutschland AG, Bombardier Inc. (TSX:BBD.B), Siemens Aktiengesellschaft (DB:SIE), SKODA TRANSPORTATION a.s. and Stadler Rail AG. Consulting firm Trigon assists the secretive negotiations. Meanwhile, stock investors estimate that Newag is worth about PLN 1 billion at the moment.
Stadler Rail Secures EUR 200 Million Follow-Up Train Order
Sep 24 14
Stadler Rail announced that it got a EUR 200 million follow-up order from Finnish rolling stock company Junakalusto Oy for the delivery of 34 additional trains of the model Flirt. Stadler had already delivered 32 trains in 2006 and the Finnish company is now exercising the second order option under this contract. Including the new order, the Flirt model units now amount to 1,018. The trains will be put into operation in the Finnish Capital Region. The model is the first broad-gauge vehicle manufactured by Stadler. It was designed to withstand severe winter conditions. The delivery is expected to take place between the beginning of 2016 and the spring of 2017.
Azerbaijan to Build Metro Railcar Plant in Collaboration with Stadler Rail Group
Aug 14 14
Azerbaijan plans to build a plant for manufacturing metro rail cars in collaboration with Switzerland's Stadler Rail Group. The plant will have capacity to produce 50 of the cars a year.
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