state Railways ended 2012 with a profit of 380 million euros, exceeding the 285 million registered in 2011. This was announced by the managing director Mauro Moretti at the Adiconsum congress. The manager then underlined that, before his arrival, the company “had 2,1 billion losses on a turnover of 6,7 billion. In essence, it was bankrupt." In any case, today “our turnover of around 8,2 billion compares with the 38 billion of the German railways and the 33 of the French ones”.
In addition to the accounts, today's Board of Directors also discusses the maxi bond issue of 1,5 billion announced in March. The goal is to deal with the more than 2 billion credits accumulated with the public administration. In the entire bond issue program, according to Milano Finanza, it could reach 4 billion.
Meanwhile ntv, the competitor company that manages Italo trains, has sent a report to the Antitrust accusing Ferrovie dello Stato of dumping (i.e. an excessive reduction in prices) on high-speed lines.
According to Ntv, there would even be a paradox: the prices charged by Trenitalia on traditional lines would be much higher than those on high-speed lines and recently the prices on the old intercity lines would have increased by an average of 6%.
“Our customers already accuse us and Ntv of having too high prices – Moretti replied -. What do we do, do we increase them again? We have never seen a new entrant ask the incumbent to raise prices”.
