VINCI wins a rail works contract in France
June 27 2022 - 11:45AM
VINCI wins a rail works contract in France
Nanterre, 27 June 2022
VINCI wins a rail works
contract in France
- Renovation of 675 km of track on
the French rail network
- A 5-year contract
- €118 million
SNCF Réseau has awarded works package 2 of a
contract relating to industrial track renovation to ETF, a
VINCI Construction subsidiary. This contract is part of the
performance plan agreed upon between the French State and SNCF
Réseau, which operates France's rail network, on 6 April 2022.
This 5-year contract, with an initial value of
€118 million, will take effect in January 2024. It will involve
replacing an average of 135 km of track per year using two
ETF-proprietary systems: a 550 metre long factory train that will
replace tracks and fasteners, and a new 432 metre long rail
transport train that will carry new tracks to the worksite and
remove old ones from it.
ETF will be able to leverage the experience it
acquired on the contract involving track and ballast renovation in
built-up areas, which it reached with SNCF Réseau in 2015.
About VINCI
VINCI is a global player in concessions, energy
and construction businesses, employing more than 260,000 people in
some 100 countries. We design, finance, build and operate
infrastructure and facilities that help improve daily life and
mobility for all. Because we believe in all-round performance, we
are committed to operating in an environmentally, socially
responsible and ethical manner. And because our projects are in the
public interest, we consider that reaching out to all our
stakeholders and engaging in dialogue with them is essential in the
conduct of our business activities. Based on that approach, VINCI’s
ambition is to create long-term value for its customers,
shareholders, employees, partners and society in general.
www.vinci.com
This press release is an official information
document of the VINCI Group.
PRESS CONTACTVINCI Press DepartmentTel: +33 (0)1
57 98 62 90 media.relations@vinci.com
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