Ingeteam has secured orders for the supply of more than 300 traction converters for Locomotive, EMUs and BEMUs, which will be delivered in the next few years. These orders have been placed within 2024 by the leading rolling stock manufacturers and are addressed to the European market. They will be manufactured at the Group's plant in Ortuella (Bizkaia, Spain), securing the increased workload from the railway business unit also for next years. The state of art technologies that Ingeteam is continuously developing will be integrated in these projects. Mostly focusing on the new power modules which are more compact and adapted to the real needs of the new vehicle market requirements.