Talgo

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On March 31, Trafikverket announced it has awarded Spanish firm Talgo a contract for 10 locomotives and 91 wagons for new night trains. The trains will replace current ones running between Stockholm and Narvik starting in 2030. The deal is worth 5.5 billion kronor.

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Talgo's shareholders have approved the financial restructuring allowing the Basque Government, Sidenor, and SEPI to take control of the company. The deal involves Trilantic's exit and entry of new Basque and state investors. The process aims to stabilize the firm after two years of uncertainty.

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