New business opportunities in Korea

Nishant Mittal (CEO), and Jens Kleeberg (CSO),  recently traveled to Ulsan, South Korea, to meet with Mayor Doo Gyum Kim and State Secretary for Political Affairs Sang-Jin Lim, together with General Manager of RAILONE Korea Ltd Hogyu Chang.

At the meeting, they discussed future cooperation on the major "Ulsan Tram" project, which involves the construction of four lines with a total length of 48.25 km to connect Ulsan KTX station with the inner city centers. The major project will be built in two phases. Phase 1 is scheduled to go into operation in 2027, followed by Phase 2 in 2030.

The metropolis of Ulsan is well known as the fifth largest city in South Korea and as the home town of HYUNDAI's "Motors" and "Heavy Industry" divisions.

We will continue to work closely with the city officials and other partners to successfully implement the "Ulsan Tram" project and expand our relationships in the region. We are confident that this trip was an important step in significantly supporting and advancing the development of the region's infrastructure and look forward to being kept informed of further developments.

About the PCM RAILONE Group

The PCM RAILONE Group has been manufacturing concrete sleepers and track systems for urban transit and long-distance rail transportation for over 60 years. The technology leader also offers its expertise in the fields of engineering and plant construction. Its customer-driven innovations fulfill the highest quality standards and are installed around the world

The PCM RAILONE Group is comprised of several companies and eleven production facilities with a presence in Germany, Romania, Saudi Arabia, Spain, South Korea, Hungary, Turkey, the United States, Canada and lndia. lt maintains annual capacities of over 5 million track sleepers and 840,000 linear meters of turnout sleepers. RAILONE produces optimized products and custom solutions with over 550 employees around the world.