Talgo

Spanish manufacturer Talgo achieves record revenue of $703 million in 2024, up 2. 5% from last year.

Spanish manufacturer Talgo earns a record $709. 2 million in revenue for 2024.

A consortium from Spain has acquired 29. 7% of Talgo shares, signing the relevant agreement.

Talgo S. A.

Spanish authorities blocked the sale of Talgo to the Polish state fund PFR despite a competitive offer. This was reported by Expansion, citing sources familiar with the situation.

Jupiter Wagons, a leading Indian group, prepares to acquire over 30% of Talgo shares. The company’s strategy includes outbidding its main competitor, Sidenor Group, to secure ownership.

Renfe’s Talgo Avril trains suffered a sudden breakdown on New Year’s Day, causing disruptions for thousands of passengers and forcing the company to implement emergency measures.

Talgo faces a $122 million penalty from Renfe for delayed high-speed train deliveries, citing new justifications. The train manufacturer remains determined to challenge the fine through firm arguments.

Nigerian commuter rail operations have been indefinitely suspended due to ongoing mechanical challenges. Talgo trains, repurposed for Lagos’ Red Line, have faced unexpected issues.

Uzbekistan is conducting a major tender for high-speed train procurement, as reported by local media. The state-owned company "Uzbekistan Railways" announced its plans, confirmed by "Uzjeldorpas" department head Fazil Sharipov.

The hybrid trains on the Algeciras-Madrid line bring faster, more comfortable, and reliable journeys. This was reported by the railway transport news portal Railway Supply.

Steel giant Sidenor has extended a €148 million offer to the Trilantic fund, aiming to acquire its 29. 9% stake in Talgo.