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Another Spanish rail company – CAF – doing well in world contracts

The Spanish multinacional Construcciones y Auxiliar de Ferrocarriles (CAF), experts on design, manufacture, maintenance and supply of equipment and components for railway systems, has been able to weather the current economic turbulences by means of an ambitious internationalisation plan that started in 1995. This bet on the outside market has enabled the company to take advantage of the worldwide boom of railway transport, a sector that is currently showing a positive outlook in the medium and long term. In the last decade, this manufacturer based in the Basque Country, in the province of Guipúzcoa, has taken the sales and profits fast track, swelling its order book up to €5 billion, with more than € 3.7 billion in foreign countries contracts.