Jean-Pierre Farandou, the head of the SNCF Group, who is set to step down at the end of the year, recently fielded questions from the…
Category: SNCF
French opposition leader calls for privatisation of SNCF
Following another day of disruptive strike action earlier this week over the payment of bonuses during the Paris Olympic and Paralympic Games this summer, the leader of one of France’s leading opposition political parties has called for the privatisation of SNCF. This initiative would, according to them, ensure more fair competition. In an interview with…
French Minister to summon SNCF chief over early retirement deal
France’s Finance and Economic Affairs minister, Bruno Le Maire, is to summon SNCF chief, Jean-Pierre Farandou, to a meeting to explain the signing of an ‘early retirement’ agreement with the four main labour unions at the state railways which he believes circumvents a 2023 French reform law. The agreement, signed at the end of last…
French Minister to summon SNCF chief over early retirement deal
France’s Finance and Economic Affairs minister, Bruno Le Maire, is to summon SNCF chief, Jean-Pierre Farandou, to a meeting to explain the signing of an ‘early retirement’ agreement with the four main labour unions at the state railways which he believes circumvents a 2023 French reform law. The agreement, signed at the end of last…
Deutsche Bahn does not rule out DB Cargo sale
Deutsche Bahn (DB) does not rule out the sale of its freight subsidiary DB Cargo. Looming EU sanctions over excessive state support are forcing DB to find an escape route. A partial sale of financially underperforming DB Cargo might be on the table. According to Handelsblatt, DB does not rule out a sale of its…
Fret SNCF urges government to postpone company discontinuation
The Social and Economic Committee (CSE) of Fret SNCF recently sent a letter to the French government asking to introduce a moratorium to review the discontinuation of the company. “We believe that the hasty action taken by the French government and the SNCF management will not allow the railways to make the necessary changes”, the […]