CDP and Italian national rail company join forces to improve Italian rail transport

Two loans signed for the purchase of trains for regional and national lines

Rome, 22 September 2016

Improve the Italian rail service through the purchase of new trains for regional transport and national.

Following competitive bidding in July, Cassa depositi e prestiti and Intesa Sanpaolo will extend two loans to Ferrovie dello Stato Italiane, with the aim of improving regional and national railway service. With this deal, CDP continues its path to achieve strategic objectives as defined in in the Business Plan 2016-2020, which includes support for investment in rolling stock intended for regional rail transport.

Specifically, the two loans of 150 million euros each will be used to purchase new trains and favor an improvement of the rail service used by millions of Italians. In addition to CDP,  to compete the work FS turned to economic stimulus measures promoted by the European Central Bank, which designed to financially help the industries of European countries.