Mercitalia, the new company of FS Group

ROME
During this year will be established “Mercitalia” the new company of FS Group, exclusively dedicated to freight transportation.

The Chief Executive Officer of Ferrovie dello Stato Italiane, Mr. Mazzoncini, informed on this matter the Transport Committee of the Chamber of Deputies.

The new company will be set up on the ashes of Trenitalia Cargo and will be focused on the improvement in rail transportation with an important renewal in the rolling stock and an investment of about 220 million to 230 million.

During the meeting the CEO Mazzoncini point out that:
“We have lost a lot of money on the goods transportation. We have several companies involved in this market and we are working for the reorganization within this year with the creation of a rail freight pole. We are refocusing with the spin off of Trenitalia Divisione Cargo in Mercitalia, in the new company will be incorporated all our corporate structure, so that our customers will finally have a single point of contact.”