Italy’s state-owned railway group Ferrovie dello Stato (FS) is accelerating its international ambitions, striking a major partnership with U.S. investment firm Certares to expand high-speed rail services across Europe.
Under the deal, FS and Certares will create a joint venture and invest €1 billion to grow the overseas operations of Trenitalia France, the Italian group’s Paris-based unit. The expansion will focus on France, Britain, and other key European markets, the companies said on Monday, News.Az reports, citing Reuters.
