Belgian national railway operator SNCB awards CAF contract for new train fleet, initially worth €1.7 billion
Bankinter | SNCB, Belgium’s national railway company, has awarded CAF the contract to renew its fleet. It is a framework agreement, with an initial scope of 180 trains, which would amount to €1.7 billion. The agreement provides for extensions of up to 380 additional units. Analysis team’s view: Good news for CAF, confirming the positive momentum in contracting. The initial amount represents a 10% increase on the order book at…









