Vinci: 700 ME rail contract with SNCF Réseau


(CercleFinance.com) – Vinci announces that SNCFRéseau has awarded VINCI Construction – through its subsidiary ETF – lot 4 of the industrial regeneration contract, as part of the transformation and modernization program for the national rail network.

Worth 700 million euros, the project involves the renewal of more than 800 km of tracks and ballast throughout France by the end of 2030.

The work will be carried out using several mobile factory trains, regenerating the tracks at industrial rates called ‘rapid suites’. 150,000 hours of integration and training will be carried out over the next seven years of work.

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