10% of our revenue will come from outside Spain by 2028. The Renfe seal is a global point of reference for Alta Velocidad (high-speed) and we have started exporting it. So far, we have won two macro projects for operating Alta Velocidad (high-speed) trains abroad: one in Saudi Arabia and the other in Texas. In addition, we have formed a subsidiary called Renfe of America to seek new business in the United States and we have obtained the PQQ Passport, the United Kingdom Department of Transportation document that allows us to participate in tenders for railway franchises in the country.

Now we are going to export our other success story: urban mobility. The quality and efficiency of our Cercanías (Commuter) services are among the best in the area, and with the entry into force of the Single European Area, we will tender to provide these services in other countries in the European Union

New railway projects and developments are constantly emerging around the world, opening up new opportunities for internationalisation, with our highest-priority areas being the rest of Europe, America, Africa and the Middle East.

 

EU projects

In conjunction with the French public operator SNCF, we have put our first cross-border Ave (high-speed) trains into operation and created the 'Renfe-SNCF en Cooperación' (Renfe-SNCF in Cooperation) brand.

The TGV/AVE (high-speed) that link Madrid and Barcelona with the main French cities are managed through the joint venture Elipsos Internacional, S.A.

We also partner with Ferrocarriles de Portugal (CP) to provide international passenger services between the two countries (Madrid-Lisbon, Lisbon-Hendaye and Vigo-Porto).