talgo

Talgo building

Talgo to make significant investments until 2027 and create 200 new jobs at Álava factory

Alphavalue / Divacons | José Antonio Jainaga, president of Sidenor, Mirai and Talgo, announced significant industrial investments in the railway manufacturer until the end of 2027, along with the creation of 200 new jobs this year at the Rivabellosa plant (Álava), highlighting the project as a benchmark for public-private collaboration in the Basque Country. At the forum promoted by Fundación Vital in Vitoria, Jainaga also acknowledged that the company faces…


Talgo new

Talgo negotiates financial terms for delivery and maintenance of 20 new high-speed trains for Saudi Arabia with Alstom

Link Securities | The train manufacturer, owned by SEPI and the Basque Government, must agree on the financial terms for delivery and maintenance with French powerhouse Alstom, after Saudi Arabia Railways exercised its option on 20 new trains identical to the original 2012 order, valued at €1.332 billion, which are an adaptation of the 112 series (Pato) that Talgo manufactured for Renfe with Bombardier technology, in the new AVE trains…


Talgo

Talgo renews €150 million promissory note programme on MARF for 2026

Alphavalue/Divacons | The railway company has agreed to renew its promissory note issuance programme on the Alternative Fixed Income Market (MARF) for the 2026 financial year. According to information submitted to the Spanish National Securities Market Commission (CNMV), the railway company maintains a maximum outstanding balance of €150 million for this programme.


Talgo building

Talgo wins contract to manufacture and maintain 20 new high-speed trains worth €1.332 billion

Renta 4 | Talgo has informed the CNMV (Spanish National Securities Market Commission) that it has been awarded a contract by the Saudi Arabian government for the manufacture and maintenance of 20 new high-speed trains for the Haramain High-Speed Railway project. The new contract is worth €1.332 billion, bringing Talgo’s order book to a record figure of approximately €6 billion. The 20 new units will be produced with the same…


Talgo

Talgo completes capital increase fully subscribed by SEPI

Alphavalue/Divacons | On Thursday, the Spanish railway company notified the Spanish National Securities Market Commission (CNMV) of the completion of its capital increase, fully subscribed by SEPI (State Industrial Holdings Company). The transaction, which was registered in the Commercial Register on 2 January, consisted of a cash contribution with the exclusion of pre-emptive subscription rights for a nominal amount of €3,187,058.73.


Talgo diferente

Talgo wins large maintenance contract in Uzbekistan: €80 million over 10 years for six Talgo 250 trains

Alphavalue / Divacons | The Spanish railway company has signed an €80 million, ten-year maintenance contract for the high-speed fleet in Uzbekistan, which includes six Talgo 250 trains operated by the public railway company UTY. This is Talgo’s largest maintenance contract in the country, where it has been present since 2009, and reinforces the consolidation of its high-speed technology in Central Asia. Talgo shares rose 6.43% on Friday. The Talgo…


Talgo diferente

Final closure of Talgo share transfer; awaiting Strategic Plan

Renta 4 | Talgo has informed the CNMV (Spanish Securities Market Commission) that today it has executed the sale agreement whereby Trilantic, through its vehicle Pegasus International, has transferred its 29.76327% stake in Talgo to the Basque consortium formed by Clerbil, S.L., Finkatze Kapitala Finkatuz, S.A., Fundación Bancaria BBK and Fundación Bancaria Vital – Vital Banku Fundazioa. In addition, the following changes have been made to the composition of the…


Talgo building

Talgo to increase share capital by €3.187 billion nominal value, issuing 10.58 million new ordinary shares without pre-emptive subscription rights

Alphavalue / Divacons | Last Friday, the railway company held an Extraordinary General Meeting at which its shareholders approved all the proposals presented by the Board of Directors. These approvals were essential to allow SEPI and the Basque Government to enter the shareholding structure. Firstly, Talgo’s shareholders approved a capital increase of €3.187 billion nominal value through the issue of 10.58 million new ordinary shares, excluding preferential subscription rights. They…


Talgo

Entry of SEPI and Basque Government in Talgo effectively confirms company’s nationalisation

Link Securities | Talgo (TLGO) completes the end of an era this Friday with the holding of an Extraordinary General Shareholders’ Meeting at which the nationalisation of the company will be approved, with the effective entry of the State through the State Industrial Holdings Company SEPI (7.9% of Talgo’s capital) and the Basque Government, which is part of a public-private consortium led by investor José Antonio Jainaga (29.0% of the…