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12 Feb 2024

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Trilantic Europe bolsters team and announces successful fund close

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

29 Jan 2024

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Trilantic Europe acquires stake in AEROCOMPACT 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

9 Nov 2023

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Kantar Public rebrands globally to become Verian

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 2023

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Trilantic Europe announces the sale of Dietopack to DENTRESSANGLE Capital

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 Jul 2023

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PPMI joins Kantar Public

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

30 May 2023

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Trilantic Europe today announces that Javier Olascoaga has been appointed Managing 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

17 May 2023

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Deutsche Bahn confirms Talgo the largest single order of its history

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 May 2023

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Talgo chosen ‘Company of the Year 2023’ by the Spanish Chambers of Commerce

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 Jan 2023

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Trilantic Europe and PRETTL Produktions Holding announce agreement to sell PRETTL SWH Group to FIT Hon Teng Limited

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

21 Sep 2022

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YMU expands into gaming and sports marketing as digital sports MGMT joins the 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

1 Aug 2022

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Marex to acquire ED&F Man Capital Markets

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

25 Jul 2022

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Trilantic Europe invests in Passione Unghie to accelerate the company’s growth strategy

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 May 2022

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Kantar announces agreement for sale of Kantar Public business to 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

26 Apr 2022

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Trilantic Europe-backed Alete Bikes acquires Cicli Esperia

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 Apr 2022

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Commodity broker Marex reported record 2021 results in volatile markets

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 Feb 2022

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Trilantic Europe’s International Cable wins Euskaltel litigation

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

3 Feb 2022

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Talgo is finalising the development of its hydrogen train Talgo Vittal-One

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 Dec 2021

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Trilantic Europe invests in Grupo Gransolar

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 Nov 2021

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Trilantic Europe invests in Denver Bikes

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 Jul 2021

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Trilantic Europe invests in Smile Eyes 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

19 Jul 2021

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Repsol and Talgo to jointly develop a renewable hydrogen-powered 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

23 Jun 2020

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Trilantic Europe supports add-on acquisitions to bolster its healthcare portfolio in Italy and Germany

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 2020

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Trilantic Europe portfolio companies are actively providing resources and know-how as well as making in-kind philanthropic contributions to support health authorities in their fight against COVID-19

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

23 Oct 2019

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Trilantic Europe fully exits its successful investment 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

4 Sep 2019

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Trilantic Europe supports two bolt-on acquisitions for Oberberg

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

30 Jul 2019

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Trilantic Europe partially monetises its investment 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

21 Nov 2018

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Talgo awarded 2018 Internationalization Award

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 Sep 2018

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

9 Apr 2009

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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

Luxembourg

Trilantic Europe Sarl
26 Boulevard Royal
L-2449 Luxembourg

United Kingdom

Trilantic Capital Partners LLP
35 Portman Square
London, W1H 6LR, UK

Italy

Trilantic Europe Srl
Via Turati 3
Milano 20121, Italy

Spain

Trilantic Europe SL
Claudio Coello 33
Madrid 28001, Spain

Germany

Trilantic Europe GmbH
Kleine Johannisstraße 10
Hamburg 20457, Germany