Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.
March 10, 2021
10 March, 2021 - Hitachi Rail SpA announced today the signing of a contract with Trenitalia for the integrated logistic support of the ETR 500 - Frecciarossa high-speed fleet made of 59 trains. The contract value is 152,8 million € and has a duration of 6 years. The contract also includes an option for two more years.
The contract for the integrated logistic support provides the management of the repair service and the management of the spare parts and train components through the optimization of the inventory stock levels and delivery of materials within 48 hours. This allows to further increase the availability and the efficiency of the high-speed operations in Italy.
The ETR 500 trains, commercially renamed as Frecciarossa in 2008, can travel up to a maximum speed of 300 km/h on the Italian high-speed lines.
"We are delighted that Trenitalia has put its confidence in Hitachi Rail once again through this contract as proof of our continuous and positive collaboration. In a very difficult time that we are all experiencing, we are proud of the commitment and efforts of all our teams to guarantee the continuity of our and our customers businesses" said Edoardo La Ficara, Executive Officer, Operation Service & Maintenance Division, Hitachi Rail.
Hitachi Rail has a wide experience in the high-speed service and maintenance activities: from the maintenance contract on the ETR 500 to the Full Service contracts on the ETR 1000 and ETR 700.
Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world -famous 'bullet trains', to our signalling solutions and turnkey projects, state--of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com