VOSSLOH Information Technologies GmbH opened an office at Hangzhou in China’s Zhejian province on March 1.
The Kiel-based railway technology supplier sees China as ’the biggest growth market for this company at the present time’. It says that by 2010 ’the Zhejiang provincial government alone will, with the support of the Chinese Railway Ministry, invest a total of €10bn in order to set up the most modern electrified railway network in China.’