744 pages matching
Kazakhstan
Press Release
Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order
PITTSBURGH, September 22, 2025 — Wabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec’s history.
https://www.wabteccorp.com/newsroom/press-releases/kazakhstan-awards-wabtec-a-42-billion-locomotive-orderPress Release
GE Transportation Signs Locomotive and Service Agreements Valued Over $900 Million in Kazakhstan
GE Transportation (NYSE:GE) signed two contracts, valued at over $900 million, with Kazakhstan’s state-run railroad Kazakhstan Temir Zholy (KTZ)—the company’s largest international rail customer—as part of its long-term commitment to develop the country’s railway infrastructure. The contracts include the delivery of 300 shunter locomotives and an 18-year service agreement to manage the maintenance and repair of 175 passenger Evolution™ Series locomotives.
https://www.wabteccorp.com/newsroom/press-releases/ge-transportation-signs-locomotive-and-service-agreements-valued-over-900-million-in-kazakhstanPress Release
Wabtec Finalizes $405-Million Locomotive Deal with Kazakhstan Temir Zholy
PITTSBURGH, Oct. 21, 2024 -- Wabtec (NYSE: WAB) announced today a $405-million agreement to supply Evolution Series ES44ACi locomotives to Kazakhstan Temir Zholy (KTZ). The new locomotives will upgrade KTZ’s aging fleet and support growing rail demand in the region.
https://www.wabteccorp.com/newsroom/press-releases/wabtec-finalizes-405-million-locomotive-deal-with-kazakhstan-temir-zholyPress Release
Wabtec and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdrive™ Battery-Electric Shunters and NextFuel™ Liquid Natural Gas-Powered Locomotives
PITTSBURGH, Sept. 20, 2022 — Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize KTZ’s mainline and yard operations, while significantly reducing greenhouse gas emissions and operating costs.
https://www.wabteccorp.com/newsroom/press-releases/wabtec-and-kazakhstan-temir-zholy-sign-600-million-memorandum-of-understanding-for-flxdrive-battery-electric-shuntersNews
How Kazakhstan is poised to drive Wabtec’s growth in Central Asia
Wabtec has played a key role in the transformation of Kazakhstan`s rail industry over the past 20 years. Originally formed as a joint partnership with Kazakhstan Temir Zholy (KTZ), Wabtec acquired full ownership of the LKZ factory in December 2023.
https://www.wabteccorp.com/trains-of-thought/how-kazakhstan-is-poised-to-drive-wabtec-s-growth-in-central-asiaDownload
GE Transportation Signs Locomotive and Service Agreements Valued Over $900 Million in Kazakhstan (PDF)
GE Transportation (NYSE:GE) signed two contracts, valued at over $900 million, with Kazakhstan’s state-run railroad Kazakhstan Temir Zholy (KTZ)—the company’s largest international rail customer—as part of its long-term commitment to develop the country’s railway infrastructure. The contracts include the delivery of 300 shunter locomotives and an 18-year service agreement to manage the maintenance and repair of 175 passenger Evolution™ Series locomotives.
https://www.wabteccorp.com/media/3051/downloadDownload
Kazakhstan Awards Wabtec a $4.2 Billion Locomotive Order (PDF)
PITTSBURGH, September 22, 2025 — Wabtec Corporation (NYSE: WAB) announced today a landmark agreement with National Company Kazakhstan Temir Zholy (KTZ), the national railway of Kazakhstan, to deliver Evolution Series locomotives and provide long-term service support. The multi-year order, valued at $4.2 billion, marks the largest locomotive agreement in Wabtec’s history.
https://www.wabteccorp.com/media/16477/downloadDownload
Wabtec Finalizes $405-Million Locomotive Deal with Kazakhstan Temir Zholy (PDF)
PITTSBURGH, Oct. 21, 2024 -- Wabtec (NYSE: WAB) announced today a $405-million agreement to supply Evolution Series ES44ACi locomotives to Kazakhstan Temir Zholy (KTZ). The new locomotives will upgrade KTZ’s aging fleet and support growing rail demand in the region.
https://www.wabteccorp.com/media/16219/downloadDownload
Wabtec and Kazakhstan Temir Zholy Sign $600 Million Memorandum of Understanding for FLXdrive™ Battery-Electric Shunters and NextFuel™ Liquid Natural Gas-Powered Locomotives (pdf)
PITTSBURGH, Sept. 20, 2022 — Wabtec (NYSE: WAB) and Kazakhstan Temir Zholy (KTZ) signed a historic memorandum of understanding (MOU) for 150 FLXdriveTM battery-electric shunters and modernization work to transform the mainline fleet into NextFuelTM liquid natural gas-powered (LNG) locomotives. The investment marks the largest sustainable technology agreement by the CIS railroad, and will further revolutionize KTZ’s mainline and yard operations, while significantly reducing greenhouse gas emissions and operating costs.
https://www.wabteccorp.com/media/14219/downloadPress Release
GE Transportation Announces New High-Speed Engine Program
GE Transportation (NYSE:GE) announced today at InnoTrans 2018 a new high-speed diesel engine program, which will serve the locomotive, marine and power generation segments. The engine platform will provide improved fuel efficiency and reliability, as well as lower lifecycle costs.
https://www.wabteccorp.com/newsroom/press-releases/ge-transportation-announces-new-high-speed-engine-programPress Release
GE Transportation’s “Mission Control” for Locomotives Marks 20-Year Anniversary
GE Transportation (NYSE: GE) marked the 20-year anniversary of its best kept secret, the Global Performance Optimization Center. Since opening two decades ago, this “mission control” capability transformed how the rail industry worldwide maintains and manages its locomotive fleet and maintenance resources.
https://www.wabteccorp.com/newsroom/press-releases/ge-transportation-s-mission-control-for-locomotives-marks-20-year-anniversaryPress Release
Wabtec Opens First European Transit Performance Optimization Center in Derby, UK
Wabtec Corporation has opened its first Transit Performance Optimization Center (TPOC) for Europe. The new center, located in Derby UK, was created to help transit sector customers improve the operational performance and reduce service costs and lost productivity through real-time monitoring and analytics.
https://www.wabteccorp.com/newsroom/press-releases/wabtec-opens-first-european-transit-performance-optimization-center-in-derby-ukFeatured News
Wabtec, KTZ Sign $600MM MOU
Wabtec and Kazakhstan Temir Zholy (KTZ, Kazakhstan National Railway) have signed a $600 million memorandum of understanding (MOU) for 150 FLXdrive™ battery-electric switchers and modernization work to transform the KTZ main line diesel-electric fleet into NextFuel™ liquified natural gas-powered (LNG) locomotives.
https://www.railwayage.com/mechanical/locomotives/wabtec-ktz-sign-battery-lng-loco-mou%EF%BF%BC/Download
GE Transportation Announces New High-Speed Engine Program (PDF)
GE Transportation (NYSE:GE) announced today at InnoTrans 2018 a new high-speed diesel engine program, which will serve the locomotive, marine and power generation segments. The engine platform will provide improved fuel efficiency and reliability, as well as lower lifecycle costs.
https://www.wabteccorp.com/media/2771/downloadDownload
Wabtec Reports First Quarter 2025 Results; Announces Increase in Full-Year EPS Guidance (Slide Deck)
PITTSBURGH, April 23, 2025 – Wabtec Corporation (NYSE: WAB) today reported first quarter 2025 GAAP earnings per diluted share of $1.88, up 22.9% versus the first quarter of 2024. Adjusted earnings per diluted share were $2.28, up 20.6% versus the same quarter a year ago. First quarter sales were $2.61 billion and cash from operations was $191 million.
https://www.wabteccorp.com/media/16383/download