Transtech (Finnish company)

The Transtech Oy is an engineering company and the largest manufacturer of rail vehicles in Finland.

History

The Transtech emerged from the Finnish steel company Rautaruukki and shipbuilders in 1985. The company had started in the eighties, to build in the works in Otanmäki and Taivalkoski freight cars after they had previously been quite a few years working as a subcontractor for other companies.

In 1991, the car factory of the company Valmet in the city of Tampere was incorporated into Transtech. Here one was specialized in the manufacture of locomotives and passenger cars.

Legal status and ownership

Transtech is a stock corporation under Finnish law ( Oy).

The parent company Rautaruukki sold in 1998, the plant in Taivalkoski to the machine builder Telatek and a short time later, in June 1999, the entire rail vehicle at the Spanish company Talgo patent. The name of the company changed with the sale in Talgo - Transtech Oy or Talgo Oy.

Patent Talgo sold in March 2007, the shares of its Finnish subsidiary Talgo Oy to Pritech Oy, a group of Finnish investors. The company was thus again changed back into Transtech Oy.

Products

Transtech provides services in the metal and engineering. There are both manufactured components for other manufacturers as well as finished products in the field of metal and electrical engineering.

Cardinal business unit is the railway vehicle. For the Finnish Railways VR double -deck coaches for intercity traffic, double-deck sleeping cars and also double-decker car carriers are produced, which are specially equipped for the severe climatic conditions in Northern Europe.

In the years 1998 to 2003, Transtech got on the tram building and took over the final assembly of forty specific for the Helsinki Public Transportation Vario tracks as a subcontractor of the manufacturer ADtranz.

The first house development in the tram company will build the next generation of vehicles for the sole Finnish tram operation. As of 2013, two Vorserienwagen to be delivered, the series production of 38 other vehicles followed in 2014. A first design study of the vehicles were displayed at the show Hidesign in Helsinki in June 2012.

Locations

The management of the company is today in the city of Oulu, production takes place in the factory Otanmäki.

Indicators

The company has 431 employees. The expected turnover for 2011 amounts to 80 million euros. Of this amount, 60 million euros in the production of railway vehicles, 20 million euros on the metal and engineering (February 2011).