Talgo and Renfe Agree on a Schedule to Pay the Fine

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Talgo and Renfe have today concluded an agreement on the S106 project that resolves the differences between the two companies, differences that had spread over the last few years. According to the firm chaired by José Antonio Jainaga in a statement, the agreement has addressed the penalties for delays in the delivery of the Avril S106 trains, the process of receiving the trains, the updating of the payments, the definitive reconfiguration of the…

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Talgo and Renfe have reached an agreement by which the railway construction company will begin to pay the penalty of 116 million euros for delays in the delivery of Avril units from 2032, according to the company that presides José Antonio Jainaga to the National Securities Market Commission (CNMV).