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Italian Rail Network RFI

July 22, 2020 | Infrastructure

Tunnelling restarts in Genoa on Terzo Valico rail project

A ceremony was held in Genoa on July 21 to mark the resumption of construction on the Genoa Node element of Italian Rail Network’s (RFI) €6.9bn Terzo Valico rail project following a two-year suspension of work.

February 6, 2020 | Europe

Will ERTMS ever reach critical mass in Europe?

Although the EU only agreed a revised ERTMS deployment for Europe in 2017, the timetable for implementing ETCS is suffering delays, mainly due to infrastructure projects running late and retrofitting of train fleets proceeding at snail pace. As David Briginshaw reports, the EU is now looking for ways to accelerate the programme including a huge injection of funding.

November 20, 2019 | Infrastructure

RFI awards four-year turnout bearer contract

ITALIAN Rail Network (RFI) has awarded a four-year €15.5m contract to the Wegh Group in partnership with ICEP, Italy, for around 920 prestressed concrete turnout bearers.

October 8, 2019 | Financial

FS reports strong first half profit growth

ITALIAN State Railways (FS) achieved a 7.5% increase in Ebitda to €1.3bn for the first half of this year. Ebit rose by 6.6% to €454m and net profit increased by 4.3% to €362m.

July 25, 2019 | Financial

Italy approves €28bn infrastructure investment hike

ITALY’s Inter-ministerial Committee for Economic Programme (Cipe) approved €28bn in additional funding for infrastructure investment by Italian State Railways (FS) on July 24.

April 2, 2019 | Financial

FS Group revenue grows 30% to top €12bn

ITALIAN State Railways Group (FS) achieved a 30% increase in turnover in 2018 to €12.08bn. Although operating costs soared by 37.6%, partly as a result of acquisitions, to €9.6bn, FS still managed to record a 7% increase in Ebitda to €2.48bn and an Ebitda margin of 20.5%.

February 21, 2019 | Infrastructure

FS to invest €14.6bn to upgrade Lombardy rail network

THE managing director and director general of Italian State Railways (FS), Mr Gianfranco Battisti, and the CEO of Italian Rail Network (RFI), Mr Maurizio Gentile, outlined plans to invest €14.6bn to upgrade the railway network in Lombardy between now and 2025 to the president of Lombardy Region, Mr Attilio Fontana, on February 20.

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