Bad weather drowns Stadler’s hopes of profitability

Bad weather drowns Stadler’s hopes of profitability
Bad weather drowns Stadler’s hopes of profitability

Published on November 15, 2024 at 5:50 p.m. / Modified on November 15, 2024 at 7:25 p.m.

The torrential rains in Spain will also have harmful consequences in Switzerland. More precisely at the railway rolling stock manufacturer Stadler Rail, of which entrepreneur Peter Spuhler, former national councilor of the SVP, is the majority shareholder.

If the 3,000 Spanish employees of the Thurgau company are all safe, Stadler Rail will have to significantly reduce the production rate in Spain, with around thirty of its Iberian suppliers having to temporarily close their sites. “We will have to postpone 150,000 to 200,000 hours of production from 2024 to 2025 and the vehicles will not be able to be delivered as planned,” the company said in a statement.

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