TÜRASAŞ

What TÜRASAŞ does

TÜRASAŞ (Türkiye Raylı Sistem Araçları Sanayii Anonim Şirketi) is a state-owned economic enterprise (iktisadi devlet teşekkülü) under the Turkish Ministry of Transport and Infrastructure, established on March 4, 2020 by Presidential Decree No. 2186 through the merger of three TCDD subsidiaries — TÜLOMSAŞ, TÜDEMSAŞ, and TÜVASAŞ. Headquartered in Ankara with three integrated regional production facilities in Eskişehir, Sakarya, and Sivas, the company is Turkey's largest and the Middle East's largest rail system vehicle manufacturer, producing diesel and electric locomotives, electric train sets, high-speed trains, passenger coaches, and freight wagons. Its product portfolio includes the Milli Elektrikli Hızlı Tren (National Electric High-Speed Train) reaching 240 km/h with 577-passenger capacity, the Milli EMU regional train set deployed on Adapazarı-Gebze and Uzunköprü-Halkalı routes, the indigenous Özgün Motor diesel engine (1000+ hp) developed jointly with TÜBİTAK KAMAG, and the Tır Dorsesi intermodal freight wagon.

The company's revenue model rests on four streams: hardware sales of locomotives, train sets, passenger wagons, and freight wagons; MRO services (modernization, revision, maintenance, repair); spare parts and component manufacturing; and international exports (notably DE 10000 diesel shunting locomotives to Tanzania and TSI-certified freight wagons to European markets). Core technology assets include the Tren Kontrol ve Yönetim Sistemi and Cer Sistemi developed jointly with ASELSAN for the national high-speed train, and proprietary manufacturing capabilities such as the Sivas facility's robot welding capacity of 4,000 bogie assemblies per year. TÜRASAŞ holds TSI certification for European market access and ECM Maintenance Management System certification for regulatory compliance.

As a B2G enterprise, TÜRASAŞ primarily supplies TCDD through direct government procurement contracts under Public Procurement Law 4734, with international sales conducted via bilateral government agreements and direct commercial contracts. The company maintains a headcount of approximately 600 employees and is led by General Manager and Chairman Selim Koçbay, appointed via Presidential Decision in 2024. Cumulative historical output from the Sivas facility alone exceeds 25,000 freight wagons manufactured and 350,000 wagons serviced.

Name

TÜRASAŞ

Legal name

Türkiye Raylı Sistem Araçları Sanayii Anonim Şirketi

Website

https://turasas.gov.tr

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

501–1,000 employees

Short description

TÜRASAŞ is Turkey's state-owned rail vehicle manufacturer, producing locomotives, electric train sets, high-speed trains, and freight/passenger wagons across three regional facilities. It primarily supplies TCDD and exports to Europe and Africa.

Ownership category

akta.pro rank

Product category

Railway Vehicle Manufacturing

NAICS

Transportation Equipment Manufacturing (336), Other Transportation Equipment Manufacturing (33699), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Other Engine Equipment Manufacturing (333618)

SIC

Railroad Equipment (3743), Wholesale-Motor Vehicle Supplies & New Parts (5013), Wholesale-Industrial Machinery & Equipment (5084)

akta.pro primary industry

Locomotive Maintenance & Overhaul (TLAKAIAA)

akta.pro secondary industries

Freight Wagon (Railcar) Maintenance & Repair (TLAKAIAB), Cylinder Heads, Blocks & Rotating Assemblies Machining/Rebuild Services (TLAKALAG), Parts, Inventory & Supply Chain (Stores, Procurement, Tooling) (THAIANAG)

Keywords

• Railway vehicle manufacturing
• Locomotive production
• Freight wagon manufacturing
• Train set manufacturing
• Rail vehicle maintenance

Headquarters

HQ city

Ankara

HQ country

Türkiye

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure

Revenue model

1. Railway Vehicle Manufacturing: Design, manufacturing, and sale of locomotives, train sets, passenger wagons, and freight wagons to Turkish State Railways (TCDD) and international customers. As a state-owned enterprise, TÜRASAŞ primarily supplies the national railway fleet through government procurement.
2. Maintenance, Repair & Overhaul (MRO) Services: Comprehensive maintenance, repair, revision, and modernization services for existing railway vehicles. Includes ECM (Entity in Charge of Maintenance) services, test and laboratory services, and technical support/training.
3. Spare Parts and Component Manufacturing: Production and supply of spare parts and components for railway vehicles, supporting both OEM and aftermarket needs.
4. International Export: Export of domestically manufactured railway vehicles to international markets. Notable export of DE 10000 Manevra Lokomotifi to Tanzania marking entry into African markets.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

TÜRASAŞ designs, manufactures, and maintains railway system vehicles including diesel and electric locomotives, train sets, passenger coaches, and freight wagons. The company operates three regional production facilities (Eskişehir, Sakarya, Sivas) delivering full lifecycle capabilities from manufacturing through modernization, revision, and ECM-certified maintenance services primarily to TCDD and international railway operators.

Product overview

TÜRASAŞ (Türkiye Raylı Sistem Araçları Sanayi A.Ş.) is Turkey's state-owned railway system vehicles manufacturer, established on March 4, 2020 by merging TÜLOMSAŞ, TÜDEMSAŞ, and TÜVASAŞ. The company operates as a vertically integrated railway vehicle manufacturer offering locomotives (electric and diesel including DE 10000 Manevra), train sets (Milli Elektrikli Hızlı Tren high-speed train, Milli EMU commuter trains), and freight/passenger wagons. The portfolio includes both product manufacturing (locomotives, train sets, wagons) and lifecycle services (modernization, revision, maintenance, testing, ECM services) across three regional facilities in Eskişehir, Sakarya, and Sivas.

Differentiator

Problem solved

Functional benefit

Products and services

• Milli Elektrikli Hızlı Tren (National Electric High-Speed Train)
• Milli Elektrikli Tren Seti (National Electric Multiple Unit / Milli EMU)
• DE 10000 Manevra Lokomotifi (DE 10000 Shunting Locomotive)
• Tır Dorsesi Taşıma Vagonu (Truck Trailer Transport Wagon)
• Yeni Nesil Milli Yük Vagonu (New Generation National Freight Wagon)
• Yeni Nesil Lokomotifler (New Generation Locomotives)
• Tren Setleri (Train Sets)
• Yolcu Vagonları (Passenger Wagons)
• Yük Vagonları (Freight Wagons)
• Dizel Motorlar (Diesel Motors)
• Cer Motorları (Traction Motors)
• Demiryolu Araçları Modernizasyonu (Railway Vehicle Modernization)
• Demiryolu Araçları Revizyonu (Railway Vehicle Revision)
• Demiryolu Araçları Bakım ve Onarımı (Railway Vehicle Maintenance and Repair)
• Test ve Laboratuvar Hizmetleri (Test and Laboratory Services)
• ECM Hizmetleri (Entity in Charge of Maintenance Services)

Quantifiable outcome

• 11,551 trips; 1,122,000+ km traveled; 2,634,363 passengers transported by Milli Elektrikli Tren since 2023
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• TÜBİTAK (Türkiye Bilimsel ve Teknolojik Araştırma Kurumu — Scientific and Technological Research Council of Turkey)coreTechnology or Integration · 1 January 2024TÜBİTAK-TÜRASAŞ joint collaboration under TÜBİTAK KAMAG project for the development of the Özgün Motor — Turkey's first domestically developed diesel engine above 1000 hp. All intellectual property rights belong to Turkey. The Özgün Motor was used in the DE 10000 Manevra Lokomotifi exported to Tanzania, representing the first application of this indigenous motor on a locomotive platform for international markets.
• ASELSANcoreTechnology or Integration · 1 January 2021ASELSAN collaborated with TÜRASAŞ to develop the Tren Kontrol ve Yönetim Sistemi (Train Control and Management System) and Cer Sistemi (Traction System) for the Milli Elektrikli Hızlı Tren (National Electric High-Speed Train). Both critical systems were designed and manufactured completely domestically, marking a significant achievement in Turkey's rail technology independence.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• CRRC: CRRC is the world's largest rail equipment manufacturer and a Chinese state-owned enterprise producing locomotives, high-speed trains, EMUs, and freight wagons. Directly comparable to TÜRASAŞ as a state-owned national champion rail manufacturer leveraging domestic procurement and export ambitions.
• Alstom: Alstom is a global rail manufacturer producing locomotives, high-speed trains (TGV), EMUs, and freight wagons, with a comprehensive service network. Comparable to TÜRASAŞ as a full-line rail OEM serving national operators, though at vastly larger global scale including post-Bombardier acquisition.
• Transmashholding (TMH): Transmashholding is Russia's largest rail equipment manufacturer producing locomotives, freight wagons, passenger coaches, and EMUs. Comparable to TÜRASAŞ as a state-aligned national rail manufacturer serving domestic and CIS export markets with vertically integrated capabilities.
• Siemens Mobility: Siemens Mobility manufactures locomotives, high-speed trains (Velaro), regional trains, and rail services globally. Comparable as a direct competitor for high-speed and electric locomotive tenders that TÜRASAŞ targets with its Milli Elektrikli Hızlı Tren and new generation electric locomotives.

Emerging players

• Talgo: Talgo is a Spanish manufacturer specializing in high-speed and long-distance passenger trains with tilting technology. Comparable to TÜRASAŞ in the high-speed rail segment where TÜRASAŞ is developing the Milli Elektrikli Hızlı Tren, though Talgo is focused specifically on passenger coaches rather than locomotives or freight.

Others

• Wabtec Corporation: Wabtec is a global rail equipment and services provider offering freight locomotives, transit components, signaling, and digital solutions. Comparable to TÜRASAŞ's MRO and modernization services portfolio, particularly for freight rail applications where both serve aftermarket and lifecycle support.

Direct peers

• CAF (Construcciones y Auxiliar de Ferrocarriles): CAF is a Spanish rail manufacturer producing locomotives, high-speed trains, regional EMUs, trams, and freight wagons with significant international presence. Comparable to TÜRASAŞ as a full-line OEM competing for national operator tenders across Europe, Middle East, and Latin America.
• Stadler Rail: Stadler Rail manufactures locomotives, regional trains, high-speed trains, and freight vehicles, with focus on niche segments and custom solutions. Comparable to TÜRASAŞ as a mid-tier full-line rail OEM competing in similar product categories including regional EMUs and diesel locomotives.
• Hyundai Rotem: Hyundai Rotem is a Korean manufacturer of locomotives, high-speed trains (KTX), EMUs, and defense vehicles, owned by Hyundai Motor Group. Closely comparable to TÜRASAŞ as a national champion rail OEM with government backing, indigenous technology development, and export ambitions across emerging markets.
• Ural Locomotives: Ural Locomotives is a Russian joint venture between Sinara and Siemens producing mainline electric locomotives, including the 2ES6 and Lastochka EMU. Comparable to TÜRASAŞ as a national/regional rail manufacturer combining domestic and partner technology to produce electric locomotives and train sets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/turasasgm
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• Facebookfacebook.com/turasasgm
• LinkedInlinkedin.com/company/turasasgm
• Instagraminstagram.com/turasasgm

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TÜRASAŞ