Press releases

Wascosa strengthens its executive board with the appointment of Markus Vaerst

Markus Vaerst (56) will take over the position of COO - Head of operations / technical department / purchasing at Wascosa AG (Lucerne) as a member of the executive board, starting 1 January 2019.

Markus Vaerst has nearly 30 years of experience in the European rail freight transport business, most of which has been in senior management positions such as COO and director of technology at the wagon leasing company AAE Ahaus Alst├Ątter Eisenbahn. Since 2013, he has successfully managed his own company Railmind GmbH as a consultant to national and international associations and companies, in particular in the areas of security, interoperability, regulatory matters and the further development of the GCU.

Markus Vaerst

Photo: Markus Vaerst

Peter Balzer, CEO Wascosa:
We are delighted that Markus Vaerst, a heavyweight in rail freight transport, will join us where he will play an active role in our continued development and help us achieve our corporate targets.
About Wascosa AG
Founded in 1964 and with its head office in Lucerne, the family-owned company Wascosa AG is a pioneer in freight wagon leasing. Its core business is the leasing and management of freight wagons for rail transport across Europe. The fleet includes everything from tank wagons for the chemical and mineral oil industries through to intermodal wagons and wagons for mass freight transport. Customers include chemical and mineral oil companies, industrial and logistics groups, and private and state-run railway concerns. Several years ago, Wascosa AG successfully repositioned itself as the leading provider of freight wagon systems for the European market.
For further information, media professionals should contact:
Gabriele Wagner, Head of Marketing & Communication
Wascosa AG, Werftestrasse 4, 6005 Lucerne, Switzerland
Tel: +41 41 727 67 41