Pfleiderer track systems founds a joint venture in India

Neumarkt, Germany, 5 April 04 - Pfleiderer track systems, one of the leading providers of innovative railtrack systems in Europe, continues to expand its foreign activities. In February of 2004, Pfleiderer track systems founded a joint venture with the company Patil Rail Infrastructure Ltd., part of the Indian Patil Group. The first project of the company Patil-Pfleiderer track systems P.L. will be participation in the construction of the 300-km Jammu - Udhampur - Srinagar rail line, which is planned to go into operation on 15 August 2007 (India's independence anniversary). This new rail line, to be built in the high-altitude Kashmir region, will include numerous tunnels, up to 11 km in length.

First project: the Jammu - Udhampur - Srinagar rail line

Patil Rail Infrastructure Ltd., with home office in Secunderabad, has produced railway sleepers for more than 30 years now. The countries in which the company is active include Bangladesh, Uzbekistan, Malaysia, Indonesia, and Iraq. With a capacity of 1 million sleepers a year, the Patil Group is the largest producer in India. Furthermore the company provides an extensive portfolio - e. g. engineering, fasteners, or turnouts, etc. - from a single source.

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.