Trenitalia enters in the railway market of the United Kingdom



Trenitalia has announced the income in the railway market of the United Kingdom with the acquisition of railway society English NXET. The company of the group Italian Railroads of the State has specified that the agreement is signed through own controlled Trenitalia UK, by right English society with base to London, National Express Group PLC and previews the acquisition for about 70 million pounds of the totality of the actions of society NXET (National Express Essex Thameside), manager of franchise the C2C (City to Coast) for the connections between the city of London and Shoeburyness, on the coast oriental in the region of the South Essex.

NXET records turnover of about 200 million euros, has 600 dependent and a fleet of 74 Bombardier trains. The society work 400 connections for a traffic pairs to beyond 42 million passengers/year.

Specifying that the formalizzazione of the acquisition will happen to conclusion of the autorizzativo previewed one iter already started from the Ministry of Transportation British, than in 2014 it had assigned with public contest to NXET the contract of service with expiration in 2029, the Italian railway company has emphasized that the recent constitution of Trenitalia UK is sign of the will of Trenitalia to enter and to assert themselves in the market of the United Kingdom, a meaningful market with a potential one, and has remembered that such process already is started on end 2015 with the attainment - before between the companies you do not anticipate on market UK - of the so-called Passport, indispensable pre-condition for the participation to the contests of the British railway market. Moreover the Italian company has announced that Trenitalia UK is already to the job on the documentation necessary in order to participate for services to the contests of transport published by the Ministry of Transportation British.

"Particularly we are satisfied - Barbara Morgante has commented, managing director of Trenitalia - of having the opportunity to measure to us in UK leaving own from franchise the C2C that, thanks to the optimal performances of the last years, is the ideal stepping stone towards the English railway market. We intend to put on of our new customers, between East London and South Essex, all the competences developed in a highly competitive market as that Italian. The customers will be able so to count are on our experience that on innovative technologies that will improve their experience of travel. In parallel we are monitoring the contests that the Ministry of Transportation announces publicly British in order to participate to some of they".

National Express has specified that Trenitalia will maintain to the current management and staff of franchise the C2C and will carry out investments in order to develop and to improve the business ulteriorly. "National Express - Dean Finch has declared, CEO of the British group - is absolutely proud of its action of transformation that has carried C2C to being a best performer between the franchise British, after to be been about to years known as the Misery Line. We have been the pioneers in the introduction of services, as the automatic compensation for the delays for the possessory customers of smart card and the flexible subscriptions. For all these reasons the decision to exit from C2C has not been easy, but favorably we are hit by the engagement and the interest which showed from Trenitalia that has great credentials in the field of the transports. A thanks also to the Department for Transport for the support and the professionality demonstrated in this process of alternation".