AnsaldoBreda has generally hit the news headlines for all the wrong reasons in recent years. But with a sale of the company now appearing a distinct possibility, significant restructuring work has taken place behind the scenes to secure the manufacturer's long-term future, as Kevin Smith and Marco Chiandoni discover.
NETHERLANDS Railways (NS) will need to find savings of €340m by 2024, in addition to the €800m it has already agreed to make in 2017-2024, in order to cover the losses it has incurred through the collapse of Fyra high-speed services and the cost of cancelling the contract for AnsaldoBreda V250 trains.
NETHERLANDS Railways (NS) and Finmeccanica, the parent company of Italian rolling stock manufacturer AnsaldoBreda, have reached a settlement on the future of the V250 Fyra high-speed trains and the cancellation of the contract by NS.
INTERNATIONAL high-speed operator Thalys saw revenues and ridership climb on its services from Paris to Belgium, Germany and the Netherlands in 2013 as the withdrawal of Fyra services brought an unexpected increase in traffic between Brussels and Amsterdam.
BELGIUM's state audit office has suspended its investigation into the V250 high-speed train case because it says parties key to the inquiry, including Belgian National Railways (SNCB) and Netherlands Railways (NS), are unwilling to disclose crucial information.