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Investors - AUGUST 13, 2020

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Hitachi Rail and Bombardier selected to supply ‘very high speed’ trains in Spain

by Released

Hitachi Rail and Bombardier Transportation have signed a contract with Italy's primary train operator Trenitalia to supply 23 Frecciarossa 1000 very high-speed (VHS) trains for the new Intermodalidad de Levante (ILSA) rail operation, a joint venture established by Trenitalia and Operador Ferroviario de Levante SL.

The contract value is around €800 million ($941 million) in a partnership involving company participation of approximately 60 percent and 40 percent, respectively.

“The ETR1000 train, widely known commercially as the Frecciarossa 1000, has transformed passenger transport on high-speed lines in Italy, setting the standard and becoming the fastest and most admired train in Europe,” said Andrew Barr, group CEO of Hitachi Rail. “It is a platform that we are very proud of and is proof of our continuous and positive collaboration with Trenitalia to the benefit of passengers and society in terms of comfort, sustainability, style, performance and low noise.

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