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Signature(s)

Amount
€ 1,000,000,000
Countries
Sector(s)
Italy : € 1,000,000,000
Transport : € 1,000,000,000
Signature date(s)
2/12/2005 : € 1,000,000,000
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Summary sheet

Release date
4 August 2005
Status
Reference
Signed | 02/12/2005
20040683
Project name
Promoter - financial intermediary
Trenitalia Materiale Rotabile II
Trenitalia S.p.A
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 800 million.
EUR 2000 million.
Location
Sector(s)
Description
Objectives

The project concerns the enhancement of the technical and commercial configuration/specifications of rolling stock operated on both the local and the long distance passenger and freight service networks.

The project will increase the reliability, efficiency, speed, capacity and safety of trains operating on the Italian railway network. It will contribute to sustainable transport solutions in line with the EU transport policy objectives and the planned development of the Italian railway system.

Environmental aspects
Procurement

The project components do not fall within the scope of EU Directive 97/11. The replacement or upgrading of old rolling stock should benefit the environment, not only because the modern rolling stock should be more energy efficient and reliable, but also because improved services should attract passengers to the railways and contribute to a reduction of road transport.

The promoter follows the EU procurement Directives for all projects.

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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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