Renfe CAF

Renfe to start operating Leo Express in Slovakia from December 10

Leo Express, the Czech railway operator in which Renfe holds a 50% stake, will start operating in Slovakia on 10 December with 21 Alstom trains on a 95-kilometre line along the Danube River linking the capital, Bratislava, and Komárno, on the Hungarian border. Ticket prices will start at €5.25.Slovakia will thus become the third country in which the Spanish public company operates, after Saudi Arabia and France. Leo express will…


Renfe extends high-speed train maintenance contract to Talgo for €180m

Renta 4| Renfe has extended the maintenance contract for Talgo’s high-speed trains (TLGO) until 2027. This contract extension is worth €180 million. The contract is expected to be signed and formalised in the coming weeks. Assessment: This contract extension represents ~7% of the order book at the end of June. It is a positive transaction that allows the company to strengthen its order book.


Talgo to make the first Talgo Avril units available to Renfe in November

Link Securities| Talgo (TLGO) will make the first units of the Talgo Avril very high-speed train available to Renfe in November. According to a statement by the company on Tuesday, they will be ready to go into commercial operation. In this sense, Talgo has indicated that the November date will be reached “provided that the other actors involved in this process comply with the deadlines they have provided Talgo with…

Renfe CAF

Renfe president and ADIF former president leave posts over scandal of trains too big for tunnels

The president of Renfe, Isaías Táboas, and the Secretary of State for Transport, Isabel Pardo de Vera (former president of ADIF, the company that owns the railway network) have left their posts yesterday, after the major scandal that Renfe, to cover the service of the Spanish north coast, had ordered 31 trains with such dimensions that they did not fit through the tunnels of the route: The fact was…

renfe america

Renfe Begins Its Activity In The US With $6,000 M Contract

The agreement between Renfe Operadora and Central Texas reached in 2019 to develop the first high speed ​​project in the US, that will link the cities of Houston and Dallas / Fort Worth, in the State of Texas. The contract will involve a turnover of 6,000 million dollars for the Spanish railway operator, the largest industrial contract of a Spanish company abroad, along with that of the AVE to Mecca.

EIB funds

Spain, Second Country To Benefit Most From EIB Funds In 2019 With €8.96 Bn; €2.24 Bn Fell To Climate Goals

Spain was the second country in the European Union to receive the most funding from the European Investment Bank (EIB) in 2019, with €8.96 Bn for 92 projects. This was 6% more than in 2019, the entity’s Vice President, Emma Navarro, explained on Monday during the presentation of the EIB’s results in Spain. The EIB allocation of €2.24 Bn for the fight against climate change, 75% more than the previous year, makes Spain also the second country in Europe in terms of climate financing.