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28 Sep 2018

YM&U joins forces with Trilantic Europe following rebrand

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

24 Jul 2018

Gamenet Group signed the agreement for the acquisition of 100% of GoldBet

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

15 Dec 2017

Trilantic Europe invests in the Oberberg Group

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

6 Dec 2017

Gamenet Group completed the listing on Borsa Italiana

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

4 Dec 2017

Elisabetta Franchi purchases 25% of Betty Blue S.p.A. from Trilantic Europe

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

2 Nov 2017

Talgo shortlisted for HS2 rolling stock procurement

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

1 Jun 2017

Trilantic Europe invests in leading bioethanol business in Spain and France

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

7 Apr 2017

Trilantic Europe becomes a shareholder in Pacha Group

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

28 Nov 2016

Talgo wins the most important high-speed tender in Europe with its new Avril, the most advanced high-speed train

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

24 Feb 2016

Trilantic Europe Invests In Maugeri, Leading Italian Non-Acute Private Hospital Operator

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

13 Oct 2015

Trilantic Europe completes acquisition of 90% stake in leading Italian pharmaceuticals producer Doppel Farmaceutici

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

1 Jul 2015

Trilantic Europe raises €900 million

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

1 Jul 2015

IPO of Trilantic Europe IV’s portfolio companies, Talgo and Euskaltel

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

26 Mar 2015

Prettl and Trilantic Europe announce a partnership agreement

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

14 Jan 2015

Trilantic Capital Partners has realised its investment in Clarion Events

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

17 Oct 2013

Trilantic acquires stake in Elisabetta Franchi

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

16 Sep 2013

Gamenet successfully issues €200mn in its debut bond offering

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

26 Jun 2013

Spain's Talgo Awarded €482 million Contract In Kazakhstan

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

20 Nov 2012

Trilantic Europe exits Istanbul Doors Group, owner of the leading restaurants in Istanbul and Tom Aiken’s restaurants in London

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

14 May 2012

Marex Spectron to acquire Schneider Trading Associates Pro-Trader Division

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

12 Dec 2011

Talgo manufacturing facility opens in Kazakhstan

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

26 Oct 2011

Talgo awarded the High-Speed Mecca-Medina mega-contract

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

12 Apr 2011

Michel Léonard joins Trilantic Capital Partners as operating partner

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

24 Mar 2011

The Istanbul Doors Restaurant Group Acquires the Restaurant Business of Michelin-Starred Chef Tom Aikens

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

22 Mar 2011

Marex Group Reaches Agreement to Acquire Spectron Group

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

14 Feb 2011

Appointment of John Danilovich to Trilantic European Advisory Council

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

17 Jan 2011

Refresco Group Announces its Intention to Acquire Spumador

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

14 Jan 2011

Trilantic Capital Partners commits up to €50 million in LeYa

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

7 Jan 2011

Trilantic Capital Partners to Invest €53 million in Gamenet

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

11 Nov 2010

Talgo is awarded the contract to renew and expand the intercity passenger train coaches of the national railway company of Kazakhstan

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

28 Jul 2010

Thai Union Frozen Products Board of Directors Approves Acquisition of MW Brands from Trilantic Capital Partners

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

10 Feb 2010

Trilantic Capital Partners has Successfully Realized its Ownership Stake in Industria de Turbo Propulsores S.A.

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

24 Sep 2009

Talgo: Spanish Minister of Transportation to Support Talgo in its Internationalization

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

17 Jul 2009

Talgo: Governor Doyle Announces Agreement with Talgo to Bring New Trains, Assembly and Maintenance Facilities to Wisconsin

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

16 Jul 2009

Istanbul Doors: Company Receives a Special Award at the Retailer Awards Recently Held in Istanbul

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

9 Apr 2009

Istanbul Doors: Group Launches New Italian Restaurant Concepts

The Spanish consortium led by Talgo, Renfe, Adif and OHL has been awarded the High-Speed Mecca-Medina mega-contract

The project is based on Talgo technology and further strengthen the global leadership position of the company and the Spanish high speed model

The contract awarded by the Saudi Railways Organization to the Spanish consortium is valued at €6.5 billion. Talgo’s share of the contract is €1.6 billion, which could be increase to €2.4 billion should the client decide to exercise an option to acquire an additional 23 trains.

The project, awarded to a consortium involving another eleven Spanish companies and two Saudi companies, is based on Talgo’s technology and further strengthens the global leadership position of the company and the Spanish high speed model.

The award is result of the internationalization process accelerated by Talgo in 2007. The process has already delivered major contracts in Kazakhstan, Uzbekistan, the USA and Russia. In 2010, 83% of the new contracts awarded to Talgo were from international clients.

According to Carlos Palacio Oriol, President of Talgo, “the award of this major contract is a milestone for the Spanish rail industry and technology and Talgo’s internationalization strategy, as well as serving as a platform for future international tendering processes of high speed projects in other parts of the world”. At present, Talgo is commercially active in 25 countries worldwide.

The train offered

The train offered is the high-speed Talgo 350 ‘El Pato’ (Duck shape). It is the leading high speed train in Spain, with a 50% market share in the high-speed segment and runs on the following routes: Madrid-Málaga, Madrid-Valencia, Madrid-Valladolid Barcelona-Málaga and Barcelona-Sevilla.

The Spanish Consortium has been awarded the construction of 35 trains and 12 years of maintenance services with a future purchase option of 23 additional trains.

Trains will be constructed at various Talgo plants in Spain.

The Tender

The HHR (Haramain High Speed Railway) is a 450 km high speed train corridor connecting the cities of Medina and Mecca. This new track is intended for pilgrims to travel between the two Muslim holy cities. The corridor will have the capacity to transport up to 166,000 passengers per day.

The Spanish consortium will construct the rolling stock and develop the 'super structure' - track, catenary and signaling elements - in addition to other structures - building of an operational control plant, high and low voltage supply, etc. The consortium will also operate the trains and provide maintenance for the equipment installed.

The tender process began on October 1, 2006 and was divided into two phases: phase one involved the basic construction and civil works including the platforms and several of the stations. The phase two contract awarded to the Spanish consortium involves the construction, operation and maintenance of the rolling stock and super-structure. In the second phase, the Spanish consortium competed against four other pre-qualified consortia: German, Korean, Chinese and French. The finalists were the Spanish and the French consortia. The Spanish consortium’s compelling price proposal in combination with a technical bid, based on Talgo’s technology, that was rated of equal quality tipped the balance in favor of the Spanish consortium.

Spanish consortium

The Spanish consortium, composed of Talgo and eleven other Spanish companies (RENFE, Adif, OHL, Copasa, Dimetronic, Inabensa, Cobra, Indra, Imathia, Ineco and Consultrans) together with two local partners (Alshoula and Al Rosan), will operate the high-speed trains on this route for twelve years from the start of passenger service.

This contract is the first export of the Spanish high speed model in a joint venture between public and private companies. For Spain it is an export project valued at around €6.5 billion, which will contribute to Spanish high-tech exports, job creation and increase Spanish industrial activity.

For further information:
Ana de Nicolás
anani@extesis.com

Contact

Trilantic Europe

London

35 Portman Square, London W1H 6LR, United Kingdom

Guernsey

Le Marchant Street, St Peter Port, Guernsey GY1 4HY

Luxembourg

26 Bd Royal, L-2449 Luxembourg, Luxembourg