protectionism europe

talgos

Talgo’s Contract With Renfe Sparks Protectionist Battles In The Europe Of The Single Market

Talgo has been the big railway company protected by all Spain’s governments. So it’s no suprise that Talgo’s Avril – with its own traction power –  has just beaten Alstom and Siemens and won the contract to build 15-high speed AVE trains for state-owned Renfe. The German company hardly even flinched, but the French had their doubts about how the calculations were made and have asked for clarification.