Construcciones y Auxiliar de Ferrocarriles
Construcciones y Auxiliar de Ferrocarriles (Grupo CAF, literally "Construction and Other Railway Services") is a Spanish publicly listed company which manufactures railway vehicles and equipment and buses through its Solaris Bus & Coach subsidiary. It is based in Beasain, Basque Autonomous Community, Spain. Equipment manufactured by Grupo CAF includes light rail vehicles, rapid transit trains, railroad cars and locomotives, as well as variable gauge axles that can be fitted on any existing truck or bogie.
| Company type | Sociedad Anónima |
|---|---|
Traded as | BMAD: CAF |
| Industry | Manufacturing |
| Founded | 1917 (Compañía Auxiliar de Ferrocarriles) |
| Headquarters | Beasain, Basque Country, Spain |
Number of locations | 11 factories, including: Beasain (Basque Country) Zaragoza (Aragon) Irún (Basque Country) Linares (Andalusia) Hortolandia (Brazil) Huehuetoca (Mexico) Elmira, New York (US) Bagnères-de-Bigorre (France) |
Key people | Jose María Baztarrica Garijo, Andrés Arizkorreta (Chief Executive Officer and Chairman) |
| Products | Design, manufacture, maintenance and supply of equipment and components for railway systems |
| Revenue | €2.943 billion (2021) |
| €165 million (2021) | |
Net income | €89 million (2021) |
| Total assets | €4.269 billion (2021) |
| Total equity | €740.4 million (2021) |
| Owner | Public; Employees via Cartera Social S.A. (25%); Kutxabank (14%) |
Number of employees | 13,284(2021) |
| Website | CAF.net |
Over the 20 years from the early 1990s, CAF benefited from the rail investment boom in its home market in Spain to become a world player with a broad technical capability, able to manufacture almost any type of rail vehicle. CAF has supplied railway rolling stock to a number of major urban transit operators around Europe, the US, South America, East Asia, India, Australia and North Africa.