Moreover, the European headquarters will also be the foreign platform of CRRC ZELC for technical cooperation, talent management and talent promotion.
By establishing a European subsidiary, the company wants to offer innovative and comprehensive solutions to integrate state-of-the-art technologies and science and thus enter core European markets from its base in Austria.
About CRRC and CRRC ZELC
CRRC (China Railway Rolling Stock Corporation) is a globally leading manufacturer of railway technology from Peking, China. The company is listed on the stock exchanges of Hong Kong and Shanghai, and most recently generated annual revenue of more than EUR 30 billion, with a workforce of about 180,000 employees. CRRC ZELC headquartered in Zhuzhou, Hunan Province is the largest subsidiary of CRRC, with annual revenue of EUR 4 billion and production volume up until now of more than 8,000 locomotives and subway railcars.
Further information is available at: www.crrc.com