Ineco and Renfe have signed a new collaboration framework agreement for the next five years. This provides a stable setting for relations between the two companies, both in terms of the timeframe and the application of the current rates with the Spanish Government.
 
Our role as a Consulting and Engineering firm in Renfe is reinforced by establishing in the agreement the areas in which Ineco will have the preferred option to undertake the work required by the rail operator. The two companies also agree to work together in the international market so as to act in a coordinated way vis-à-vis the opportunities that arise.
 
Ineco thereby cements its role in the achievement of its shareholders' objectives, in a bid to consolidate and retain the knowledge and technical capacity generated in recent years within Grupo Fomento.