Submission declined on 14 June 2024 by
SafariScribe (
talk). This submission is not adequately supported by
reliable sources. Reliable sources are required so that information can be
verified. If you need help with referencing, please see
Referencing for beginners and
Citing sources. This draft's references do not show that the subject
qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
| ![]() |
![]() | |
![]() | |
Company type | European company |
---|---|
Founded | 1956 |
Key people | |
Owner | DB, SNCF, FS, SNCB, NS, RENFE, SBB CFF FFS, CFL, CP, ÖBB, OSE, SJ, ŽS, ČD, HŽ, MÁV, ŽFBiH, ŽSSK, SŽ, BDŽ, ŽRSM, ŽPCG, TCDD, MŽ, DSB, Vy |
Number of employees | 28 |
Capital ratio | 41.3% |
Rating | S&P Global Ratings: AA (stable)
Moody’s: Aa2 (stable) Fitch: AA (stable) |
Website | www.eurofima.org |
EUROFIMA, the European Company for the Financing of Railroad Rolling Stock, is a supranational organization based in Basel, Switzerland. Established in 1956, it operates with a non-profit maximizing mission to support the development of public service passenger rail transportation in its Contracting States. The organization assists railways and public transport authorities (PTA) in financing the renewal and modernization of railway equipment used for Public Service Obligation ( PSO) contracts. [1]
EUROFIMA was established on November 20, 1956, by an international treaty between sovereign States (“Contracting States”). Initially founded for a period of 50 years, its mandate was extended until 2056 following a decision by the General Assembly in 1984. [2]
Despite its name, the non-profit has no affiliation to the European Union, unlike peer entities such as the European Investment Bank. [3]
EUROFIMA’s shareholders include railway operators and infrastructure managers from its Contracting States or the states themselves. The current shareholders comprise 26 organizations from 25 European countries. [4]
The following table provides a breakdown of shareholders and their respective contributions to the registered share capital.
Through a membership model, EUROFIMA finances railway equipment through borrowings. The level of support is dependent on the equity provided by the shareholders. It can finance up to 100% of a project via short- or long-term loans. [1]
As a result of the liberalization of European rail markets under successive legislative packages, the rail market structure is changing. This change is giving rise to more complex operating and contracting models, with subnational entities emerging as major rolling stock owners in countries such as the United Kingdom, Germany, and France, with potential expansion to other countries. [3]
In 2018, EUROFIMA's statutes were amended to clarify conditions for public transport authorities and private transport operators to become shareholders or access loans, with an emphasis on public service contracts. These changes allow local or regional government guarantees in lieu of state guarantees. [12]
EUROFIMA’s credit ratings [13]:
Publication | Country | Project |
---|---|---|
2024-06-13 | Croatia | EUR 31 million financed to HŽ Putnički Prijevoz for 7 diesel multiple units. [21] [22] The Croatian government originally gave preliminary consent to the state-owned railway company to borrow 24 million; 10m to finance renovation of locomotives and trains, 14m for the repair of facilities for rolling stock maintenance. [23] |
2024-05-31 | Belgium | EUR 60.9 million for the refinancing of 30 SNCB M6 double-deck coaches originally financed in 2007-2008. [24] |
2024-01-08 | Austria | EUR 15 million financed to facilitate the delivery of Faccns four-axle hoppers for ÖBB. [25] |
2022-09-12 | Hungary | Financing for 50 Vectron locomotives and 39 sets of fixed formation coaches for the national operator MÁV-Start. [26] |
2021-07-23 | Croatia | EUROFIMA helped finance 12 out of 33 new trains for Croatia's HŽ Putnički Prijevoz, with a total project cost of HRK 1.3 billion (€173 million). The trains, produced by Končar – Electric Vehicles, aim to improve commuter and regional rail services in Croatia. [27] [28] |
2020-11-26 | Sweden | Swedbank invests SEK 500 million as an anchor investor in EUROFIMA's inaugural green bond in Sweden to modernize Europe's railways. The bond totals SEK 1.5 billion and matures over an 8-year period. [29] |
2020-07-07 | Spain | EUR 303 million financed. EUROFIMA has entered into two financing agreements with Spanish operator Renfe Operadora, providing loans of EUR 200 million (maturing in 2034) and EUR 103 million (maturing in 2030). These funds will be used to modernize Spain's regional rail fleet, including financing Civia EMUs for the Madrid and Barcelona commuter rail networks. [30] |
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite web}}
: CS1 maint: bot: original URL status unknown (
link)
Category:Rail transport in Europe Category:Companies established in 1956 Category:Railway companies
Submission declined on 14 June 2024 by
SafariScribe (
talk). This submission is not adequately supported by
reliable sources. Reliable sources are required so that information can be
verified. If you need help with referencing, please see
Referencing for beginners and
Citing sources. This draft's references do not show that the subject
qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are:
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
| ![]() |
![]() | |
![]() | |
Company type | European company |
---|---|
Founded | 1956 |
Key people | |
Owner | DB, SNCF, FS, SNCB, NS, RENFE, SBB CFF FFS, CFL, CP, ÖBB, OSE, SJ, ŽS, ČD, HŽ, MÁV, ŽFBiH, ŽSSK, SŽ, BDŽ, ŽRSM, ŽPCG, TCDD, MŽ, DSB, Vy |
Number of employees | 28 |
Capital ratio | 41.3% |
Rating | S&P Global Ratings: AA (stable)
Moody’s: Aa2 (stable) Fitch: AA (stable) |
Website | www.eurofima.org |
EUROFIMA, the European Company for the Financing of Railroad Rolling Stock, is a supranational organization based in Basel, Switzerland. Established in 1956, it operates with a non-profit maximizing mission to support the development of public service passenger rail transportation in its Contracting States. The organization assists railways and public transport authorities (PTA) in financing the renewal and modernization of railway equipment used for Public Service Obligation ( PSO) contracts. [1]
EUROFIMA was established on November 20, 1956, by an international treaty between sovereign States (“Contracting States”). Initially founded for a period of 50 years, its mandate was extended until 2056 following a decision by the General Assembly in 1984. [2]
Despite its name, the non-profit has no affiliation to the European Union, unlike peer entities such as the European Investment Bank. [3]
EUROFIMA’s shareholders include railway operators and infrastructure managers from its Contracting States or the states themselves. The current shareholders comprise 26 organizations from 25 European countries. [4]
The following table provides a breakdown of shareholders and their respective contributions to the registered share capital.
Through a membership model, EUROFIMA finances railway equipment through borrowings. The level of support is dependent on the equity provided by the shareholders. It can finance up to 100% of a project via short- or long-term loans. [1]
As a result of the liberalization of European rail markets under successive legislative packages, the rail market structure is changing. This change is giving rise to more complex operating and contracting models, with subnational entities emerging as major rolling stock owners in countries such as the United Kingdom, Germany, and France, with potential expansion to other countries. [3]
In 2018, EUROFIMA's statutes were amended to clarify conditions for public transport authorities and private transport operators to become shareholders or access loans, with an emphasis on public service contracts. These changes allow local or regional government guarantees in lieu of state guarantees. [12]
EUROFIMA’s credit ratings [13]:
Publication | Country | Project |
---|---|---|
2024-06-13 | Croatia | EUR 31 million financed to HŽ Putnički Prijevoz for 7 diesel multiple units. [21] [22] The Croatian government originally gave preliminary consent to the state-owned railway company to borrow 24 million; 10m to finance renovation of locomotives and trains, 14m for the repair of facilities for rolling stock maintenance. [23] |
2024-05-31 | Belgium | EUR 60.9 million for the refinancing of 30 SNCB M6 double-deck coaches originally financed in 2007-2008. [24] |
2024-01-08 | Austria | EUR 15 million financed to facilitate the delivery of Faccns four-axle hoppers for ÖBB. [25] |
2022-09-12 | Hungary | Financing for 50 Vectron locomotives and 39 sets of fixed formation coaches for the national operator MÁV-Start. [26] |
2021-07-23 | Croatia | EUROFIMA helped finance 12 out of 33 new trains for Croatia's HŽ Putnički Prijevoz, with a total project cost of HRK 1.3 billion (€173 million). The trains, produced by Končar – Electric Vehicles, aim to improve commuter and regional rail services in Croatia. [27] [28] |
2020-11-26 | Sweden | Swedbank invests SEK 500 million as an anchor investor in EUROFIMA's inaugural green bond in Sweden to modernize Europe's railways. The bond totals SEK 1.5 billion and matures over an 8-year period. [29] |
2020-07-07 | Spain | EUR 303 million financed. EUROFIMA has entered into two financing agreements with Spanish operator Renfe Operadora, providing loans of EUR 200 million (maturing in 2034) and EUR 103 million (maturing in 2030). These funds will be used to modernize Spain's regional rail fleet, including financing Civia EMUs for the Madrid and Barcelona commuter rail networks. [30] |
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite book}}
: CS1 maint: date and year (
link)
{{
cite web}}
: CS1 maint: bot: original URL status unknown (
link)
Category:Rail transport in Europe Category:Companies established in 1956 Category:Railway companies