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agreement
AnsaldoBreda
Finmeccanica
Fyra
high-speed trains
Italy
NS
trains
Tuesday, 18 March 2014 - 10:20

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Fyra returns; NS to get €125m

Dutch Rail (NS) have reached an agreement with AnsaldoBreda and mother company Finmeccanica that will see Fyra trains return. The deal entails that all the Italian high-speed trains of the V250 variety will come back to AnsaldoBreda, and that the NS will get back €125 million. The solution prevents both companies from spending years of energy and time on the issue. Despite the accord, the NS is adding a lot to the project. The railways now figure the loss in the Fyra case at €88 million, which is less than was earlier predicted. The agreement means that AnsaldoBreda can sell the V250 trains to other clients. The NS will receive extra payment for each Fyra sold, with a maximum of €21 million. According to the NS, the fundamentals of the conflict were "not about the robustness of the design of the train, but more about acceptable deadlines for reparation and operationalism that didn't meet NS-needs and about the financial consequences." The parties have decided that they will abandon further financial claims.

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