HYUNDAI EUROTEM RAILWAY VEHICLES INDUSTRY AND TRADE JOINT STOCK COMPANY
Hyundai Eurotem Railway Vehicles Industry And Trade Joint Stock Company was established on 04.07.2006 by 15 % shareholding of TCDD in order to realize the manufacturing, marketing and after-sales services of every kind of modern railway vehicles including rapid trains which cannot be manufactured in Turkey.
The company was established on 30.000 m² area of which 9700 m² is designed as closed area. The manufacturing was started in April 2008 in the factory established in Adapazarı.
The manufacturing capacity in the beginning was 50 vehicle/year in the factory, however, it was aimed to increase the local manufacturing contribution from 35 % to 42 %.
The affiliated companies of TCDD became primary and preferable partner for the naturalization services of the company and the total manufacturing and under manufacturing works carried out within TÜLOMSAŞ reached 4 million Euros as well as the manufacturing works carried out within TÜVASAŞ reached 6 million Euros.
92 vehicles belonging to İstanbul Metro, 96 EMU sets ordered by TCDD and 300 vehicles for Marmaray are manufactured in the factory and delivered up to now. Also, 120 EMU vehicles for domestic transport ordered by İZBAN are being manufactured.
The number of staff working in the factory is still 150, but when it will be operated in full capacity, 200 persons will be employed.