Study About Freight Wagons

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    SCI/VERKEHR KLN 2009

    THE WORLDWIDE MARKET FORFREIGHT WAGONS

    Vehicle Fleets, Procurements,Manufacturers, Market Development

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    MARKET STUDY FREIGHT WAGONS

    This study, entitled "The Worldwide Market for Freight Wagons Vehicle Fleets, Procurements,

    Manufacturers, Market Development", comprises of an analysis of the worldwide market for freightwagons and a is thorough assessment of the future demand for procurements in this segment for theperiod from 2009 to 2014. It is based on current developments in the rail transport market.

    The market for freight wagons is differentiated in eight world market regions. For each region, and for

    the world market as a whole, a detailed analysis of the following information is included:

    Analysis of major trends in freight transportation regarding operational, technical and regional

    aspects; detailed description of the world market regions

    Freight wagon fleets differentiated according to vehicle category and ownership trends

    worldwide; separated into eight regions, including a detailed overview of the five mostrelevant countries per region

    Procurements of freight wagons by (former) state-owned railway companies, private rail

    companies and leasing companies as well as a forecast of the future demand for vehicles upto the year 2014

    List of the worlds most important manufacturers of freight wagons including their scope of

    supply and product range as well as their market shares by region

    Within the study, SCI Verkehr takes a close look on current trends in the market, important playersand developments and the resulting changes in freight wagon stock.

    Detailed data is included in three extensive annexes:

    Contact Addresses of Freight Wagon Manufacturers

    Contact Addresses of Freight Wagon Lessors

    List of freight wagon fleets worldwide detailed by world regions, countries, owners, operatorsand wagon types - as much as possible additional information, like manufacturers anddelivery time, is included

    The German version of the study is available from February 2009 and the English version from April

    2009 at the price of EUR 2,800 + delivery costs and VAT.

    Your contact

    Christian BelerHead of Marketing and Sales

    Tel. +49-221-93178-20

    Fax +49-221-93178-78E-mail: [email protected]

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    CONTENTS

    1

    Executive Summary: The World Market for Freight Wagons.............................. 19

    2 Market Delimitation and Methodology of the Study ............................................. 32

    2.1

    Objective of the Study ............................................................................................... 32

    2.2 Delimitation of the Market.......................................................................................... 32

    2.3 Calculation of the Market Volume ............................................................................. 34

    2.4

    Database and Sources of Information....................................................................... 34

    2.5 Methodology of the Market Assessment ................................................................... 36

    3 Manufacturer Portraits ............................................................................................ 45

    3.1

    Trinity ......................................................................................................................... 45

    3.2 CNR ........................................................................................................................... 46

    3.3

    Uralvagonzavod......................................................................................................... 47

    3.4 CSR............................................................................................................................ 48

    3.5 Freight Car America................................................................................................... 49

    3.6

    National Steel Car...................................................................................................... 50

    3.7 Azovmash .................................................................................................................. 51

    3.8 Greenbrier.................................................................................................................. 52

    3.9

    JSC Altaivagon .......................................................................................................... 53

    3.10

    IRS Group .................................................................................................................. 54

    3.11 Transmashholding..................................................................................................... 55

    3.12

    Tatravagonka............................................................................................................. 56

    3.13 United Group Rail ...................................................................................................... 57

    4 The Market for Freight Wagons in Western Europe ............................................. 59

    5 The Market for Freight Wagons in Eastern Europe .............................................. 71

    6 The Market for Freight Wagons in the CIS ............................................................ 82

    7

    The Market for Freight Wagons in North America ................................................ 95

    8 The Market for Freight Wagons in South America............................................. 106

    9 The Market for Freight Wagons in Asia ............................................................... 117

    10 The Market for Freight Wagons in Africa/the Middle East................................. 129

    11 The Market for Freight Wagons in Australia/Pacific........................................... 138

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    Annex

    Annex A: Contact Addresses of Freight Wagon Manufacturers........................ 147

    Annex B: Contact Addresses of Freight Wagon Lessors .................................. 160

    Annex C: Freight Wagon Stocks of the Railway Companies ............................ 188

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    TABLE OF FIGURES

    Figure 1: Market development scenarios for freight wagons ................................................ 19

    Figure 2: World: Market overview freight wagons ................................................................. 20

    Figure 3: World: Transport development rail freight transport in the period 2004-2014 (intkm, forecast from 2009)........................................................................................................ 21

    Figure 4: World: Freight wagon installed base 2008 by region ............................................ 23

    Figure 5: World: Freight wagon categories........................................................................... 23

    Figure 6: World: Freight wagon owners ................................................................................ 25

    Figure 7: World: Freight wagon market shares in the period 20042008............................. 26

    Figure 8: Prices for freight wagons in 2009........................................................................... 27

    Figure 9: Steel price development 20042008..................................................................... 28

    Figure 10: World: Freight wagon procurements 20062014................................................. 29

    Figure 11: World: Analysis and forecast of market volume for new vehicles and after-

    sales service for freight wagons in the period 2006 to 2014 (in million EUR)...................... 31

    Figure 12: Regional differentiation of the world market for railway technology .................... 33

    Figure 13: Market forecast process and compilation of the study ........................................ 36

    Figure 14: Forecast method for new vehicles ....................................................................... 39

    Figure 15: Forecast diagram after-sales business ................................................................ 40

    Figure 16: Overview of the drivers of the worldwide railway market ..................................... 42

    Figure 17: Western Europe: Market overview freight wagons............................................... 59Figure 18: Western Europe: Transport development rail freight transport in the period

    20042014 (in tkm, forecast from 2009)................................................................................ 60

    Figure 19: Western Europe: Freight wagon installed base 2008 by country........................ 62

    Figure 20: Western Europe: Freight wagon categories......................................................... 63

    Figure 21: Western Europe: Freight wagon owners.............................................................. 65

    Figure 22: Western Europe: Freight wagon market shares in 2008...................................... 67

    Figure 23: Western Europe: Freight wagon procurements 20062014 ................................ 69

    Figure 24: Western Europe: Analysis and forecast of market volume for new vehicles

    and after-sales service for freight wagons in the period 2006 to 2014 (in million EUR)....... 70

    Figure 25: Eastern Europe: Market overview freight wagons................................................ 71

    Figure 26: Eastern Europe: Transport development rail freight transport in the period

    20042014 (in tkm) ................................................................................................................ 72

    Figure 27: Eastern Europe: Freight wagon installed base 2008 by country ........................ 73

    Figure 28: Eastern Europe: Freight wagon categories.......................................................... 74

    Figure 29: Eastern Europe: Freight wagon owners............................................................... 76

    Figure 30: Eastern Europe: Freight wagon market shares in 2008....................................... 78

    Figure 31: Eastern Europe: Freight wagon procurements 20062014 ................................. 79

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    Figure 32: Eastern Europe: Analysis and forecast of market volume for new vehicles

    and after-sales service for freight wagons in the period 2006 to 2014 (in million EUR) .......80

    Figure 33: CIS: Market overview freight wagons....................................................................82

    Figure 34: CIS: Transport development rail freight transport in the period 20042014 (in

    tkm, forecast from 2009).........................................................................................................83

    Figure 35: CIS: Freight wagon installed base 2008 by country............................................. 86

    Figure 36: CIS: Freight wagon categories..............................................................................87

    Figure 37: CIS: Freight wagon owners...................................................................................88

    Figure 38: CIS: Freight wagon manufacturers .......................................................................90

    Figure 39: CIS: Freight wagon procurements 20062014 .....................................................92

    Figure 40: CIS: Analysis and forecast of market volume for new vehicles and after-sales

    service for freight wagons in the period 2006 to 2014 (in million EUR)................................ 93

    Figure 41: North America: Market overview freight wagons ..................................................95

    Figure 42: North America: Transport development rail freight transport in the period

    20042014 (in tkm, forecast from 2009).................................................................................96

    Figure 43: North America: Freight wagon installed base 2008 by country............................97

    Figure 44: North America: Freight wagon categories ............................................................ 98

    Figure 45: North America: Freight wagon owners .................................................................99

    Figure 46: North America: Freight wagon market shares 2007 ........................................... 102

    Figure 47: North America: Freight wagon procurements 20062014..................................104

    Figure 48: Analysis and forecast of market volume for new vehicles and after-salesservice for freight wagons in the period 2006 to 2014 (in million EUR).............................. 105

    Figure 49: South America: Market overview freight wagons................................................106

    Figure 50: South America: Transport development rail freight transport in the period20042014 (in tkm, forecast from 2009)...............................................................................107

    Figure 51: South America: Freight wagon installed base 2008 by country.........................109

    Figure 52: South America: Freight wagon categories..........................................................110

    Figure 53: South America: Freight wagon owners...............................................................111

    Figure 54: South America: Freight wagon market shares in the period 20052008 ........... 113

    Figure 55: South America: Freight wagon procurements 20062014................................. 114

    Figure 56: South America: Analysis and forecast of market volume for new vehicles and

    after-sales service for freight wagons in the period 2006 to 2014 (in million EUR) ............115

    Figure 57: Asia: Market overview freight wagons.................................................................117

    Figure 58: Asia: Transport development rail freight transport in the period 20042014 (in

    tkm, forecast from 2009).......................................................................................................118

    Figure 59: Asia: Freight wagon installed base 2008 by country..........................................120

    Figure 60: Asia: Freight wagon categories ..........................................................................120

    Figure 61: Asia: Freight wagon owners................................................................................122

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    Figure 62: Asia: Freight wagon market shares in the period 20052008.............................123

    Figure 63: Asia: Freight wagon procurements 20062014 ..................................................125

    Figure 64: Asia: Analysis and forecast of market volume for new vehicles and after-sales

    service for freight wagons in the period 2006 to 2014 (in million EUR) ..............................126

    Figure 65: Africa/Middle East: Market overview freight wagons ..........................................129

    Figure 66: Africa/Middle East: Transport development rail freight transport in the period

    20042014 (in tkm, forecast from 2009) ...............................................................................130

    Figure 67: Africa/Middle East: Freight wagon installed base 2008 by country....................132

    Figure 68: Africa/Middle East: Freight wagon categories ....................................................132

    Figure 69: Africa/Middle East: Freight wagon owners..........................................................133

    Figure 70: Africa/Middle East: Freight wagon market shares in the period 20052008 ......135

    Figure 71: Africa/Middle East: Freight wagon procurements 20062014............................136

    Figure 72: Africa/Middle East: Analysis and forecast of market volume for new vehicles

    and after-sales service for freight wagons in the period 2006 to 2014 (in million EUR)......137

    Figure 73: Australia/Pacific: Market overview freight wagons ..............................................138

    Figure 74: Australia/Pacific: Transport development rail freight transport in the period

    20042014 (in tkm, forecast from 2009) ...............................................................................139

    Figure 75: Australia/Pacific: Freight wagon installed base 2008 by country........................140

    Figure 76: Australia/Pacific: Freight wagon categories ........................................................141

    Figure 77: Australia/Pacific: Freight wagon owners .............................................................142

    Figure 78: Australia/Pacific Freight wagon market shares in the period 20052008 ..........143Figure 79: Australia/Pacific: Freight wagon procurements 20062014................................144

    Figure 80: Australia/Pacific: Analysis and forecast of market volume for new vehicles

    and after-sales service for freight wagons in the period 2006 to 2014 (in million EUR)......145

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    Executive Summary: The World Market for Freight Wagons

    19 SCI Verkehr GmbH www.sci.de Kopie Unternehmen, Vervielfltigung verboten

    1 Executive Summary: The World Market for Freight Wagons

    Current Developments

    The current global economic crisis is having a considerable impact on the market for freight

    wagons. The assumptions on the global prospects for economic and transport growthwhich were still certain in summer 2008 no longer apply. With the crisis faced by investment

    banks in the USA and the subsequent worsening of the financial situation, the investment

    conditions in the railway sector have also fundamentally changed. While deliveries in 2008

    were hardly any lower than the figures in the current SCI World Market Study, the picture for

    the future of the freight wagon segment has worsened drastically.

    The economic crisis has a delayed effect in most segments of the railway industry, but

    freight wagons are an exception. Changes in the economic and transport performance have

    an immediate and very short-term influence on procurements.

    As even the forecasts from renowned sources in terms of the further economic developmentin this unusual situation are extremely uncertain and change within short spaces of time,

    SCI Verkehr has decided to develop three global scenarios for the freight wagon market on

    the basis of the information available. The most probable of these scenarios is then used to

    carry out the detailed analyses of the regional markets.

    Scenario 1 (Upside Case): Following a brief slump, the market regains its momentumFollowing a clear, but brief downward slump, the economy stabilises again around mid-

    2009, and a noticeable recovery sets in from 2010. The current main drivers for freight

    wagon procurements (transport demand and investment conditions) only worsen a little in

    the short term. In the medium term, strong growth returns to transport demand and the

    investment conditions improve. Freight wagon procurements are therefore likely to increase

    again from 2010. This scenario forecast by many economists even up to as late as the endof 2008 is becoming more and more unlikely. However, in view of massive politico-

    economic measures by a number of governments, rapid recovery is still feasible at least.

    Scenario 2 (Base Case): Sharp slump followed by recovery in the medium term

    The economic crisis becomes tougher and lasts longer than previously thought. There is no

    stabilisation or upward movement before 2010. Transport demand as the main driver for

    freight wagon procurements continues to fall in the short term and only returns to a flatter

    growth path in the medium term. Investment conditions also continue to worsen, before an

    improvement becomes noticeable in the medium term. The economy develops positively

    again after 2010; market volumes in the freight wagon segment move towards the

    procurement figures achieved in 2008 again in the longer term. At the present time, SCI

    Verkehr considers this the most likely scenario and uses this as a basis for the forecasts

    presented in the regional chapters.

    Scenario 3 (Downside Case):Severe drops followed by longer procurement slump

    Despite extensive government rescue packages, a number of large economies enter a

    deflationary situation. The fall in prices leads to an ever worsening economic crisis, from

    which it takes several years to recover. Only in the long term will a (slow) revival begin.

    Transport demand and investment conditions as the main drivers for freight wagon

    procurements continue to worsen considerably; the situation stabilises in the medium term

    at a much lower level. The market volumes for freight wagons are well below the figuresreached previously, even in the long term. This scenario is possible in the event that bank

    lending cannot be revived, even with state funds.

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    Manufacturer Portraits

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    3.11 Transmashholding

    Company portrait

    Company headquarters: Moscow (Russia)

    Turnover (2007): EUR 2.2 billion

    Profits (2007): No data

    Employees (2007): 55 000

    Market position

    Market share (2007) 1% (worldwide) *

    Transmashholding (TMH), 100% owned by Breakers Investments BV in Amsterdam, is the most important rolling

    stock manufacturer in the CIS. It controls up to 80% of the market for rail technology in Russia. TMH came about

    in just 2002 from the merger of several previously independent Russian rolling stock manufacturers for the

    purpose of strengthening the Russian rail industry. The corporate group today comprises around 14 plants in itsmain market of Russia.

    Alongside freight wagons, the company covers virtually all rolling stock segments, apart from high-speed trains.

    Wagons are manufactured in the Brjiansk plant, which has existed since 1873. In 2007, Transmash produced

    1 926 freight wagons. This puts the companys world market share for freight wagon production at around 1%.*

    Freight wagon product information

    Open freight wagons x e.g. self-unloading wagons for coal or grain

    Covered freight wagons x

    Flat wagons x e.g. container wagons or wood transport wagons

    Tank wagons

    Other freight wagons

    Geographical distribution

    The wagons are specially built for the Russian broad-gauge market; Transmashs market presence is therefore

    limited to the CIS region.Production sites

    BMZ Brjianskij Maschzagvod (RU)

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    The Market for Freight Wagons in South America

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    8 The Market for Freight Wagons in South America

    Market overview

    Based on the most likely development (scenario 2), the current market volume for freight

    wagons in South America is EUR 230 million per year for OEM business and

    EUR 260 million per year in the after-sales sector. Compared to other world market regions,

    the South American region has been of little importance before now, although largeprocurement projects have been implemented in recent years. The annual growth expected

    in the forecast period is clearly in the negative region at 2.1%. This is mainly due to the

    high volumes in recent years which were an exception.

    Freight wagons are of very high importance for the rolling stock market in South America

    and procurement volumes are strongly influenced by requirements in the raw material

    industry.

    Unlike in previous studies, in this study Mexico is classified within the North American

    market region instead of Central and South America.

    Market environment/transport market

    The South American freight wagon market is dominated by the national market Brazil. Often

    in South America there are only single-track railway lines for raw material transportation.

    When these lines hit their capacity limits, quick transport expansions are rarely possible.

    Infrastructure upgrades are thus a key basis for reviving the freight wagon market.

    The variety of track gauges in South America is a problem because it makes it difficult to

    operate freight wagons across different regions. The majority of lines are narrow-gaugelines of 1 000 mm, broad-gauge lines at 1 676 mm and some standard-gauge lines. Only a

    small number of companies are active across borders. One example is America Latina

    Logistica (ALL), which operates around 30 000 freight wagons in Brazil and Argentina.

    From 1996 to 1999, most freight railways in Brazil, the most important market in South

    America, were privatised. With the rolling stock having been neglected and very few new

    procurements made for many years, the privatisation sparked a market revival. This led to a

    high number of freight wagon procurements in 2005 and 2006 and therefore a fleet

    Figure 1:

    South America: Market

    overview freight wagons

    South America GW Tendenz

    Units 2009 127 000

    Average development 09-14 (p.a.) 0.9%

    Average age 2008 (in years) 28.0

    Average volume 08-10 (million EUR p.a.) 230

    Average development 09-14 (p.a.) -2.1%

    Volatility market volume 09-14 (SAW) 10.3%

    Average volume 08-10 (million EUR p.a.) 260

    Average development 09-14 (p.a.) 3.1%

    Volatility market volume 09-14 (SAW) 0.4%

    Marketfor

    new

    vehicles

    Boom / strong growth small growth stagnation small decrease clear decline

    Marketfor

    after-sales

    Stock

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    The Market for Freight Wagons in South America

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    The strong fluctuations in incoming orders in South America are due to the small number of

    freight wagon owners. As soon as an important company suspends procurements, thisresults in major drops in demand.

    TrendDrivers of

    Procurements

    Brief description Import-

    anceShort

    term

    Medium

    term

    Transport demand

    and rail conditions

    Transport demand largely depends on the raw material

    industry, in recent years growing transport demand due to

    increasing profitability of transportation following rail reforms;

    decline in raw material demand and thus t ransport demand

    due to economic crisis are having a negative effect on freight

    wagon procurements in the short term; potential for further

    growth limited due to single tracks and infrastructural limits

    Investment funds

    and conditions

    Since the railway privatisation, sufficient investment funds

    have been available in Brazil, although conditions have

    worsened with the financial crisis; in many other countries

    investments were already difficult or economically uncertain

    prior to this; political situation sometimes unsteady;

    improvement of the situation in the medium term, high

    dependence on raw material extraction

    Competition/deman

    d structure

    Little intramodal competition as separate, single-track lines /

    networks are operated mostly; several different track gauges;

    mountainous landscape hinders expansion of networks;

    privatised railways have long-term concessions; first leasing

    companies becoming established

    Fleet age and

    condition

    The majority of very old wagons have been disposed of or

    refurbished; high number of new procurements since

    privatisation in the 1990s; healthy replacement procurements

    and slight fleet expansion in recent years

    Rail infrastructure

    Mostly single-track, simple infrastructure, but extensive

    investments planned in several countries such as Brazil and

    Uruguay

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    The Market for Freight Wagons in South America

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    Vehicle installed base/age structure

    There are currently 125 100 freight wagons in operation in South America. Brazil owns more

    than 66% of the fleet with 82 000 wagons. In just two years the fleet has grown by around

    4 700 wagons as extensive procurements have been made.

    The Argentinean fleet is also growing, which is mainly due to procurements by Nuevo

    Central Argentino.

    South America: Freight wagon installed base 2008 by country

    0 20 000 40 000 60 000 80 000

    Brazil

    Argentina

    Chile

    Cuba

    Venezuela

    Peru

    Bolivia

    Colombia

    Uruguay

    other

    number of freight wagons SCI Verkehr GmbH

    Figure 1:

    South America: Freightwagon installed base 2008

    by country

    The South American freight wagon market is dominated by open wagons as raw materials

    (mainly iron ore, but also coal) play an important role in railway transport as bulk goods.

    Grain is often transported in covered wagons; some companies specialise in these.

    Container transport is still at the beginning of its development. Significant growth rates are

    expected in Brazil, however, due to port hinterland transport. In some countries, such as

    Peru, no container transport exists.

    The reason for the small proportion of tank wagons is the low reliability of the railways.

    Hazardous goods are mainly transported by road.

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    The Market for Freight Wagons in South America

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    In Brazil and Argentina, there are no longer any freight wagon owners in state ownership. In

    most other countries, especially Cuba, Venezuela and Columbia, on the other hand, most ofthe railways are state-owned.

    The Peruvian railway is a 100% state-owned public company, which operates on three

    independent partial networks. It is managed by a private administrator.

    Only in Brazil are there a small number of freight wagons owned by shipping companies

    and leasing companies. The company Mitsui Rail Capital (MRC) Leasing has leased freight

    wagons in Brazil since November 2004 and now owns more than 2 000 wagons. There are

    plans to expand the fleet. Ferrolease is active in the leasing sector on a smaller scale.

    Around a third of the freight wagons owned by shipping companies belong to Companhia

    Siderurgica Nacional, the largest Brazilian steelworks.

    One of the most important operators is the company America Latina Logistica (ALL), which

    is active in Brazil and Argentina and owns some 30 000 wagons (24% of the South

    American fleet). Brasil Ferrovias also belongs to ALL.

    Figure 1:

    South America: Freight

    wagon categories

    South America: Freight wagon categories

    0

    20 000

    40 000

    60 000

    Open freight

    wagons

    Covered freight

    wagons

    Flat wagons Tank wagons other

    units

    Brazil Argentina Chile other SCI Verkehr GmbH

    Open freight

    wagons

    Covered freight

    wagons

    Flat wagons Tank wagons Other

    Brazil 43 000 22 000 9 000 6 600 1 400

    Argentina 10 300 5 600 3 200 1 600 300

    Chile 800 1 500 1 800 2 200 100

    Other 8 000 4 000 2 000 1 500 200Total 62 100 33 100 16 000 11 900 2 000

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    The Market for Freight Wagons in South America

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    wheels and sleepers. Production was due to start in July 2005; however, there is no

    verifiable information available about the start of production.

    South America: Freight wagon market shares in the period 20052008

    73%

    7%

    4%

    2%

    7%

    6% 1%

    Amsted Maxion

    Santa Fe Vagoes

    SABB

    Coomefer

    Randon

    Pars Nova / CNR

    other local manufacturers

    SCI Verkehr GmbH

    Total (4 years):

    ~19 000 freight wagons

    Figure 1:

    South America: Freight

    wagon market shares in

    the period 20052008

    Prices for freight wagons have increased considerably in recent years. In 2006 theyaveraged EUR 52 500 per year. In 2007, EUR 65 400 was paid on average. Thus the price

    increase over one year was more than 20%. This price was calculated on the basis of the

    deliveries by manufacturer Amsted Maxion, which supplies the majority of wagons in SouthAmerica.

    Market volume

    The current market volume for new vehicles is around EUR 230 million per year; for

    after-sales services around EUR 260 million per year.

    The Brazilian Railway Concessionaires Association (ANTF) expects the transport volume of

    445 million t in 2007 to increase to around 765 million t in 2015. This would be a 72% rise in

    transport volume. Considerable investments in freight wagons were expected for this. The

    current economic crisis, however, suggests a much slower development.

    Procurements will primarily be made by Brazilian operators and shipping companies. Themost important customer is ALL. The company operates 11 000 km of railway line and is

    planning to purchase 3 300 freight wagons in the period from 2007 to 2011.

    Vale do Rio Doce has received 836 freight wagons from Amsted Maxion and has arranged

    an option for 900 wagons. The wagons are being delivered in 2008 and 2009.

    In 2008 Santa Fe Vagoes constructed around 300 wagons for Votorantim Celulose e Papel,

    a paper producer, 52 for America Latina Logistica, 11 for Ternium Sidor from Venezuela and

    a small number for Aceitera General Deheza from Argentina.

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    The Market for Freight Wagons in South America

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    The operators in Argentina have recently procured all types of rolling stock in large

    quantities, although no freight wagon procurements have been disclosed so far. SCI

    Verkehr expects investments to increase slightly in the medium term to maintain fleets.

    Cuba has ordered large quantities of wagons from China and Iran in recent years and these

    procurements will run until 2010. Fewer purchases can be expected once these orders have

    been delivered.

    Shipping companies from Venezuela procured a number of wagons in 2008.

    AFE in Uruguay has received 180 used flat wagons and 300 closed wagons of the Gabs

    type from Italy. In return for this delivery of used wagons at very reasonable prices, FS

    group is said to have received a contract worth EUR 10 million to modernise the Uruguayan

    railway system. The Uruguayan government has announced plans to procure and refurbish

    freight wagons.

    The after-sales sector is dominated by ongoing maintenance as well as the overhaul and

    refurbishment of freight wagons which are no longer fit for operation.

    Figure 1:

    South America: Freight

    wagon procurements

    20062014

    South America: Freight wagon procurements 20062014

    0

    200

    400

    600

    2006 2007 2008 2009 2010 2011 2012 2013 2014

    million EUR

    Brazil Argentina Chile Cuba other SCI Verkehr GmbH

    Current procurement figures for newvehicles p.a. in units

    Brazil 2 750

    Argentina 300

    Chile 100

    Cuba 300

    Other 100

    Total 3 550

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    Annex A: Contact Addresses of Freight Wagon Manufacturers

    SCI Verkehr GmbH www.sci.de Kopie Unternehmen, Vervielfltigung verboten 150

    Zhuzhou Rolling Stock Works

    Songjiaqiao, Hetang District

    412003 Zhuzhou

    Phone:

    Fax:

    E-Mail: [email protected]

    www.csr-zrsw.com

    CSR Wuchang Rolling Stock Works

    820 Heping street

    430062 Wuhan

    Phone:

    Fax:

    E-Mail:

    Croatia

    Duro Dakovic Holding d.d.

    Dr. Mile Budaka 1

    35000 Slavonski Brod

    Phone: +385 (035) 448 324

    Fax: +385 (035) 441 113

    E-Mail: [email protected]

    www.duro-dakovic.com

    uro akoviSpecijalna vozila d.d

    Dr. Mile Budaka 1

    HZ-35000 Slavonski Brod

    Phone: +385 35 218-822

    Fax: +385 35 218-833

    E-Mail: [email protected]

    www.ddsv.hr

    Czech Republic

    Lostr a.s.

    Husova 402

    CZ - 440 82 Louny

    Phone: +420 (415) 628 111

    Fax:

    E-Mail: [email protected]

    www.lostr.cz

    OOS Ostrava

    Na Vale 21

    702 16 Ostrava 1

    Phone: +420 596 172 239

    Fax: +420 596 172 270

    E-Mail: [email protected]

    http://www.oossro.cz/

    OOS Ostrava (Ostravsk opravny a strojrny)Na Vale 21

    70216 Moravsk Ostrava

    Phone: +420 (596) 172 111

    Fax:

    E-Mail: [email protected]

    www.oossro.cz

    Skoda Transportation GmbH

    Tylova 1/57

    31600 Pilsen

    Phone: +420 378 186 666

    Fax: +420 378 139 059

    E-Mail: [email protected]

    www.skoda.cz/transportation

    Egypt

    Societe General Egyptienne de Materiel des Chemins de

    Fer (SEMAF)

    5 Athad elmohamyeen elarab street

    Cairo

    Phone: +202 79 56 976

    Fax: +202 79 54 844

    E-Mail: [email protected]

    www.micor.com.eg

    Estonia

    AS Skinest Rail

    Kadaka tee 1

    10621 Tallinn

    Phone: Tel +372 6788070

    Fax: Fax +372 6788075

    E-Mail: [email protected]

    www.skinest.ee

    UVZ & AVR Ltd

    Tstuse 28A

    10411 Tallinn

    Phone: +372 6274090

    Fax: +372 6274091

    E-Mail: [email protected]

    www.avrts.com

    France

    ABRF Industries

    B.P. 19

    44141 Chateaubriant Cdex

    Phone: +33 (2) 40 81 19 20

    Fax: +33 (2) 40 28 02 02

    E-Mail: [email protected]

    www.abrfi.com

    Ateliers d' Occitanie S.A., Narbbonne

    B.P. 112; 6, Rue des Corbires

    11101 Narbonne

    Phone: +33 (0)4 68 42 50 50

    Fax: +33 (0)4 68 42 50 51

    Ateliers d' Orval S.A.R.L., St. Amand Montrond

    Rte de l'Ombre

    18200 Saint Amand Montrond

    Phone: +33 (2) 48 96 07 39

    Fax: +33 (2) 48 96 50 97

    E-Mail:

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    Annex C: Freight Wagon of the Railway Companies

    SCI Verkehr GmbH www.sci.de Kopi e SCI Verkehr GmbH - Bro Berl in, Vervielflti gung verbot en 273

    RegionOperatorCountry Operator

    OwnerCountry

    OwnerType Owner Kind of Vehicle Type

    NoVehicles Supplier

    EE RS ZS CS N ZS flat 50

    EE RS ZS CS N ZS flat Rils 100

    EE RS ZS CS N ZS flat Regs 150

    EE RS ZS CS N ZS tank 50

    EE RS ZS CS N ZS other 300

    EE RS ZS CS N ZS covered Habbillnss(-z) 200

    EE RS ZS CS N ZS flat Regnss(-z) 150

    EE RS ZS CS N ZS open Eanoss(-z) 200 IRS

    EE RS ZS CS N ZS open Eanoss 300 IRS

    EE RS ZS CS N ZS open Eanoss(-z) 250 IRS

    EE CZ Ceske Drahy CZ N Ceske Drahy covered 4783

    EE CZ Ceske Drahy CZ N Ceske Drahy covered 629

    EE CZ Ceske Drahy CZ N Ceske Drahy covered 450

    EE CZ Ceske Drahy CZ N Ceske Drahy covered Tdns 150Vagonka CesLipa /DWA

    EE CZ Ceske Drahy CZ N Ceske Drahy covered Hbbillnss 200Vagonka CesLipa /DWA

    EE CZ Ceske Drahy CZ N Ceske Drahy covered H 100

    EE CZ Ceske Drahy CZ N Ceske Drahy covered Habbilnss 200 OOS Ostroda

    EE CZ Ceske Drahy CZ N Ceske Drahy covered Tadnss 100 Lostr

    EE CZ Ceske Drahy CZ N Ceske Drahy open 300

    CKD Vagonk

    Ostroda

    EE CZ Ceske Drahy CZ N Ceske Drahy covered Tams 313

    EE CZ Ceske Drahy CZ N Ceske Drahy covered 300 OOS Ostroda

    EE CZ Ceske Drahy CZ N Ceske Drahy covered Tadnss 30 Lostr

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    Order form Freight Wagons III

    SCI Verkehr GmbH Cologne Office Place of jurisdiction:Schanzenstrae 117 Vor den Siebenburgen 2 Country court Hamburg

    20357 Hamburg / Germany 50676 Cologne Geschfts-Nr. 66 HR B 56 572

    Tel: +49 (0) 40 5071970 Germany Deutsche Bank HamburgFax: +49 (0) 40 50719720 Tel: +49 (0) 221 931 78-0 Bank code: 200 700 24www.sci.de Fax: +49 (0) 221 931 78-78 Account number: 329 68 60

    Please fax to: + 49 (221) 931 78-78

    SCI Verkehr GmbH Cologne Office

    FAO Mr. Christian Bessler

    I would like to order the Multi Client Study The Worldwide Market for Freight Wagons

    Quantity Issue Language Single price* Total price*

    First copy German 2,800

    + additional copies** German 600

    First copy English 2,800

    + additional copies** English 600

    Group package*** ___x German___x English

    8,000

    Total price*

    Company

    Contact person (Title, first name, surname)

    Position

    Address (Street, town, postcode)

    VAT Number(for customers in member states of the European Union)

    or other invoicing address or order number

    Tel Fax

    Email

    I would like to pay by credit card / please send me an invoice

    Please charge the total sum to my credit card. Visa

    Eurocard / Mastercard

    Card number / / / Valid untilCVV

    number

    Date Signature / stamp

    * All prices excludedelivery costs andVAT

    ** Only in combination with a first copy in the same language*** Each group package includes max. 8 copies in German and English

    Orders subject to our general terms and conditions. Place of jurisdiction is Hamburg.

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    E-Mail: [email protected]

    Imprint: SCI Verkehr GmbH

    Hamburg Office

    SCI Verkehr GmbH

    Schanzenstrae 117

    20357 Hamburg

    Tel.: +49 (0)40 5071970

    Fax: +49 (0)40 50719720

    Cologne OfficeSCI Verkehr GmbH

    Vor den Siebenburgen 2

    50676 Kln

    Tel.: +49 (0)221 931780

    Fax: +49 (0)221 9317878

    Berlin Office

    SCI Verkehr GmbH

    Novalisstrae 7

    10115 Berlin

    Tel.: +49 (0)30 2844540

    Fax: +49 (0)30 28445420