"DDAP-RAX" is an active participant in the global transport engineering market in the rail transport segment. The year 2024 became a year of sustainable development and increased production volumes of railway axles for wheelsets, continuing the growth trend from 2023.
The "RAX" brand is globally recognized and has established itself as a reliable manufacturer of semi-finished and finished axles for rail transport. Customized axle production tailored to technical specifications and customer drawings has become one of the key advantages of "DDAP-RAX" in its cooperation with wheelset manufacturers, rolling stock construction companies, and repair enterprises.
The company’s customer-focused approach and result-oriented strategy led to a 38% increase in its client base over the past year. In 2024, the European market primarily received popular finished wagon axles such as BA409, BA188, BA302, and BA002. Meanwhile, the domestic Ukrainian market saw the production of РУ1Ш finished wagon axles and locomotive axles at various processing stages.
Sales volumes increased significantly in 2024, with net revenue from axle sales and machining services increasing by 59% compared to 2023. To support increased production volumes and entry into new markets, nearly 50% more jobs in production and engineering professions were created over the past year.
The transparency of financial operations and the company’s strong reputation were confirmed by the inclusion of "DDAP-RAX" in the list of taxpayers with a high level of voluntary tax compliance in Ukraine.
"DDAP-RAX" products are certified in Ukraine, the USA, Canada, and Europe. The availability of international certifications and the acquisition of new European railway certifications in 2024 will further expand the customer and client base in 2025.
In 2024, an investment program aimed at modernizing the industrial equipment fleet was launched, enabling factory to enhance its production capabilities and expand the range of axles for wheelsets across various rail transport market segments.
Ambitious plans to improve technological and business processes, along with the investment programs planned for 2025, will serve as a foundation for the continued growth and success of "DDAP-RAX" in the coming year.
