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BORUSAN CAT and PROGRESS RAIL Sign Strategic Cooperation Agreement

Turkchem 02 Oct 2024 80 1 dk okuma
BORUSAN CAT and PROGRESS RAIL Sign Strategic Cooperation Agreement

Borusan Cat, a Borusan Group company, signed a Memorandum of Understanding with Progress Rail to collaborate on railway projects in Turkey and neighbouring regions.

"We Create Solutions for a Better World" – operating with this mission in Turkey as well as in the Caucasus and Central Asia, Borusan Cat has reached a cooperation agreement with Progress Rail, one of the world's largest companies providing global customers with various railway vehicles, infrastructure solutions and technologies.

According to the Memorandum of Understanding signed, Borusan Cat will implement numerous railway projects with Progress Rail, a subsidiary owned by Caterpillar. Various projects are being planned in Turkey and neighbouring countries, including locomotive services, overhaul, modernisation of engines and control systems, and the sale and delivery of locomotives.

Özgür Günaydin: "We aim to increase the efficiency, safety and sustainability of railway transport"

Borusan Cat Chairman of the Executive Board Özgür Günaydin, expressing his satisfaction with the cooperation with Progress Rail, said, "This collaboration is an important step in developing railway transport in Turkey and neighbouring regions. By combining our expertise and innovative solutions, we aim to increase the efficiency, safety and sustainability of railway transport. As a company dedicated to always providing the best solutions to our customers, we eagerly look forward to working with Progress Rail and contributing to the growth of the railway industry".

Jack Zhang: "We are excited to work with a trusted brand like Borusan Cat"

Progress Rail Locomotive Vice President Jack Zhang said, "We are excited to work with a trusted brand like Borusan Cat. Borusan Group has impressive vision and capabilities extending beyond machinery and power systems, manufacturing, energy, automotive and logistics sectors. Borusan Cat's deep knowledge of the local market and demonstrated commitment to developing regional solutions position us perfectly to expand our railway services in Turkey and neighbouring regions".

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