Radar > 223637

Renfe Mercancías seeks business partner

Renfe Mercancías busca socio industrial

Intel ID : 223637
Synopsis

Spain-based Renfe announced that its subsidiary Renfe Mercancías is looking for an industrial partner to inject capital to increase its market share in the freight transportation segment.

According to Renfe's CEO, Berta Barrero, between 2012 and 2014 freight traffic increased by 25%, from 17 to 21.3 million tonnes, but it is still low with negative results.

According to Asociación de Empresas Ferroviarias Privadas' director, despite the increase in the number of private operators, it is still difficult to collaborate with the Government, which could justify the negative results.
(content in spanish)

La empresa española Renfe ha anunciado que su filial Renfe Mercancías está buscando un socio industrial con el fin de inyectar capital y con ello aumentar su cuota de mercado en el sector del transporte de mercancías.

Según la directora general de operaciones de Renfe, Berta Barrero, entre 2012 y 2014 ha crecido el tráfico de mercancías un 25%, de 17 a 21,3 millones de toneladas, pero aún así continúa en números rojos.

Como ha anunciado el gerente de la Asociación de Empresas Ferroviarias Privadas, a pesar del crecimiento de la participación de operadores privados, sigue siendo difícil colaborar con el Estado, por lo tanto podría ser una causa de sus resultados negativos.

Bidder

Ultimate Owner (Buyer)


Intel ID 223637
Value ND
Native Currency Euro (EUR)
Financial Data - Renfe Mercancías
(31 Dec 2023)
Revenue: EUR 198,84m
Net Debt: EUR 61,59m
People: 938
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.08 Rail Freight Transport
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Transport, Aviation and Logistics (Primary)
Primary Sector (TTRSC)
35.10.09 Rail Passenger Transportation
35 Industrials / 35.10 Transportation & Logistics

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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