RAILLive 2021 - a successful event despite Corona

From November 30th The international trade fair for traction applications RAILLive took place in Madrid from December 1st, 2021. This time too, VEM was present with a stand and used the opportunity to further expand business relationships. At the same time, existing contacts were deepened, particularly with our partners in Spain. Intensive discussions were also held with a possible sales partner.

The discussions with our existing business partners resulted in some perspectives for projects in the years 2022-2024, which now need to be successfully implemented. Our customers unanimously agreed that the market for traction drives will continue to develop positively in the next few years. In addition, customer structures have recently been completely redesigned, creating different competitive situations. For VEM, this means that our customers in particular, such as Alstom Bombardier and Stadler, are increasing competition through in-house production. That's why we're pushing our activities with leading Spanish vehicle manufacturers. These are also present worldwide and we see significant quantities, particularly for tram engines and generators for locomotives. That's why the presence of VEM was a right step for further expansion in this market.

All in all, the trade fair was a successful event despite Corona.