Ferrovie dello Stato presents EUR 94 billion investments plan

TRENI EUROSTAR ALTA VELOCITA' FRECCIAROSSA E FRECCIARGENTO Laterina (Arezzo), luglio 2009: Un treno Eurostar Italia Alta Velocità Etr 500 Frecciarossa attraversa il Viadotto Orano, nell’area delle “Balse”, ovvero le tipiche formazioni montagnose dei calanchi in provincia d’Arezzo © Roberto Caccuri/ContrastoItalian Railways (Ferrovie dello Stato) announced the 2016 – 2026 investments plan which amounts  to EUR 94 billion and also a new mission of the Italian FS Group in five strategic areas: infrastructure, travel and logistics, integrated digital and international development approach.
Sales are expected to double in the next 10 years as well as a profound transformation that will make the Ferrovie dello Stato an international integrated global mobility.

These achievements point the Business Plan 2017 – 2026 issued by Ferrovie dello Stato, relying on five strategic pillars : integrated mobility even with the involvement of all stakeholders, integrated logistics, with a radical reorganization of the commodities sector, integration of the railway infrastructure, international development and digitization, as an enabler of the entire Plan. The details of the new strategic lines of Ferrovie dello Stato were presented on September 28 in Rome, in by the managing director Renato Mazzoncini together with the President Gioia Ghezzi.

With the new strategic plan, the Italian FS Group is confirmed as the first company to make investments in Italy: EUR 94 billion over a period of 10 years . An extended time horizon, need for major infrastructure projects planned but also for the radical transformation of current Italian Railways, destined to become more and more a company’s integrated and global mobility. There are EUR 73 billion for the infrastructure, EUR 14 billion for the rolling stock and  EUR 7 billion for technological development. More than half of the resources are available, EUR 58 billion, including 23 self-financed projects and 35 already allocated projects are included in the program contracts.

The new Group Business Plan estimates revenue growth with EUR 9 billion expected at the end of 2016 and up to EUR 17.6 billion in 2026 and an EBITDA that in 10 years aims to grow from EUR 2.3 to EUR 4.6 billion.

From the point of view of medium and long distance rail transport, the objective is to maintain the extremely high quality levels achieved by extending these standards to the entire fleet thanks also to the completion of the delivery of Frecciarossa 1000.

In terms of regional transport, the real change of pace is already on the horizon, thanks to the framework agreement by about 4 billion already signed for the supply of 450 new regional trains (300 high capacity, average capacity 150) to which 50 diesel trains will be added. The estimates provide an overall increase in the proportion of seats / km between 8 and 10% by 2026. Today, however, already 20% of the circulating fleet is renewed, thanks to the arrival of new trains delivered in 2014.

Railway investment of EUR62 billion, including EUR 33 billion for the conventional network, EUR 24 billion for the AV / AC network and corridors TEN-T European and EUR 5 billion in technologies for robust infrastructure, enabling a modern and systemic mobility for people and goods : Third crossing, Brenner base Tunnel and Turin-Lyon to complete the Italian part of the four corridors TEN-T that cross our country and link the European regions most densely populated and most industrial and productive vocation; Milan – Venice HS / HC which in December will step forward with the commercial activation of the Treviglio – Brescia; infrastructure and technology upgrades in the urban hubs of large cities (Milan, Genoa, Florence, Rome) to increase the traffic capacity and thus the number of trains during peak hours; to the South , the opening of the sites of the line AV / AC Napoli – Bari , over 6 billion Euros to connect two areas reaching a share of more than 40% of market production in the South; in Sicily, the director Palermo – Catania – Messina . Fundamental also speedups the director Adriatic , between Bologna, Bari and Lecce (conclusion works in 2018), with an overall saving of time of about one hour, and the Salerno – Reggio Calabria , thanks to ‘ upgrade technology and improve the track rail. Finally, synergies with the main Italian ports, behind the port and logistics centers; strengthening the links between the national network and the railway sidings of the main production facilities in the territory.


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