Asia is a large market and Railcare is now ready to take the step into a new market consisting of many railways, including subway and mining tracks. With our modern, sustainable, and efficient machines together with our home markets as our foundation, this strategic investment is the next step in Railcare's company development
Currently, Railcare has many projects out on tender where our innovative machines are suitable for the customer's demand. The establishment will take place in Hong Kong and we expect to begin preparations during the second half of 2021.
"It feels like the right time to make this investment now, primarily because there are many projects that suit us and our machines, along with the company being in a good position to take this step. The pandemic restrictions are also starting to ease as more and more people are vaccinated," says Daniel Öholm, CEO at Railcare Group AB.