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RENFE to be split into 4 companies

Source: Cinco Dias - Sat 14th Jul 2012
RENFE to be split into 4 companies

The Ministry of Development yesterday advised the Unions of the Government's intention to re-organise RENFE - the state owned railways operator - into 4 separate entities before July 2013.

Each division will specialise in passenger traffic; freight; maintenance and rolling stock.

Speculation is that the move is pre-empting the privatisation of RENFE.

The UGT Union has already expressed their concern over the measure, whilst the CCOO have announced their intention not to co-operate with the government. Both unions have arranged an emergency meeting next week to discuss the matter further.

Just last month the Minister of Development, Ana Pastor, said how such a process would not take place before 2014.

Comment on this Story

First the lottery, then the Trains : How long until privatisation of the airports is back on the table ?
Tim Nicholson - Sun, 15th Jul 2012

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