Moving Forward: the Italian State Railways arrive in the UK

Moving Forward: the Italian State Railways arrive in the UK

The company of the group Ferrovie dello Stato, Trenitalia, has recently reached an agreement with the National Express Group Plc for the acquisition of National Express Essex Thameside – NXET – amounting to 70 million pounds.
Thanks to the agreement, Trenitalia will debut in the UK rail market with official headquarters in London and will manage the connections from the English capital to the coast east, precisely until the South region (Shoesburyness).
Trenitalia expansion plan continues in the UK with the management, along with a British private company, as a joint venture manager for the London-Edinburgh, currently led by Virgin Rails.
The business plan for the decade 2016-2026 advertised by Ferrovie dello Stato in September last year, predicted an increase in revenue from foreign operations 13% up to 23% in 2026 with a target of 4.2 billion euro.
Fs is already present in the European market in France where he acquired all the company THELLO and Germany where controls company NITINERA. Last year, Railways has also acquired the Greek TRAINOSE, which manages the Athens-Thessaloniki.
In addition to the expansion in the European market, Fs, aims to build railways in the poorest countries of infrastructure, for example in the Middle East, India, South East Asia and Africa. The past month Italferr, the engineering branch of the italian Group, inaugurated the opening of the tunnel in Turkey with eight months in advance.

Source: Webeconomia