Tuesday 30 September 2014
News from UIC Members

France/Belgium: European Commission approves Thalys restructuring

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SNCF and SNCB welcome the decision of the European Commission on 19 September 2014 to approve the restructuring of Thalys, pursuant to the EU merger regulation. This decision marks an important milestone in the launch of the new joint venture between SNCF and SNCB, due to start in 2015.

By improving efficiency and flexibility, the partners are aiming to provide Thalys with increased resources that will enable it to grow by offering an even more attractive and better-performing service to its customers. The restructuring of Thalys will be a 60:40 joint venture between SNCF and SNCB.

(Source: SNCF)

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