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Vinci: 5-year rail contract and 118 ME in France


(CercleFinance.com) – Vinci announces this evening that it has won a 5-year, 118 ME contract for the renewal of 675 km of track in the French rail network.

The contract is due to start in January 2024 and provides for the replacement of approximately 135 km of rails each year thanks to a 550-meter-long mobile factory train that will replace rails and fasteners and a new 432-meter rail transport train that will ensure transporting new rails and loading old rails.

This contract is part of the State-SNCF Network performance plan signed on April 6, 2022, specifies Vinci.

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