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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 12 sources · 3 days · First seen · Last updated
Trenitalia high-speed rail expansion in Europe
Overview
FS Group, via its subsidiary Trenitalia France, has announced a major expansion of its high-speed rail services in Europe. The company placed an order for 19 new high-speed trainsets from Hitachi Rail, valued at approximately €2 billion.
The new fleet is intended to support several routes, including Paris-Lyon, Paris-Marseille, and Paris-Milan. Notably, ten of these units are designated for a planned high-speed service between Paris and London, which is expected to begin operations in 2029. This new service aims to challenge the long-standing monopoly held by Eurostar on the cross-Channel route, marking the first major competition for the Channel Tunnel route since Eurostar’s inception in 1994.
The 19 single-deck trains will feature enhanced amenities, such as updated bistro services and improved Wi-Fi connectivity. To facilitate these operations, a new maintenance facility is being developed at Maisons-Alfort Pompadour near Paris. The expansion is supported by a strategic partnership with the investment firm Certares, which recently committed €300 million to the company. The project is expected to create roughly 2,000 jobs across France, Italy, and the United Kingdom.
Entities
Hitachi Rail · Trenitalia France · Certares · FS International · Gianpiero Strisciuglio
Timeline
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5 days ago
[BUSINESS] 7 sourcesTrenitalia orders €2 billion Hitachi train fleet for Paris-London serviceTrenitalia France has ordered 19 Hitachi high-speed trains in a €2 billion deal to launch a Paris-London service by 2029, challenging Eurostar's long-standing monopoly on the route.
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8 days ago
[BUSINESS] 5 sourcesFS Group orders 19 high‑speed trains to boost France service and Paris‑London linkFS Group ordered 19 high‑speed trains from Hitachi Rail, investing €2 bn to expand French routes and the future Paris‑London line, with a new maintenance hub and about 2,000 jobs in France, Italy and the UK.
Sources
almouwatin.com · eveningstandard.co.uk · independent.co.uk · it.euronews.com · italpress.com · lyoncapitale.fr · nakolei.pl · quotidiano.net · raillynews.com · teleborsa.it · travelnews.no · voyages-d-affaires.com
This summary has been updated 1 time: see revision history