Renfe participa en una inversion de 74,000 millones en Galicia
Article Abstract:
Spanish rail operator Renfe has signed a collaboration agreement with the regional government (Xunta) of Galicia to upgrade the rail network in the region. Interior lines and accesses will be upgraded over the next five years with investments of Pta 74,000mn. Around Pta 30,000mn will be put toward renovation of the A Coruna-Betanzoas and Orense-Monforte-Betanzos corridors. Some 21 regional diesel trains will be acquired for Pta 12,600mn. The projects and works contracts are to be carried out in 1998. Just a few months ago the Xunta and Renfe signed a deal to carry out joint investments valued at Pta 30,000mn in new electric signalling and improved track lines. Over the next ten years the region of Galicia plans to invest Pta 194,000mn in rail improvements.
Comment:
Signs collaboration agreement w/ regional govt of Galicia, Spain, for Ptas74,000 mil upgrade of rail network in the region
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
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Renfe aumentara los incentivos a las agencias para impulsar las ventas
Article Abstract:
Spanish rail operator Renfe is reportedly planning to increase its incentives to travel agencies in an aim to increase sales, mainly of tickets for long-distance travel. At present 30% of long-distance rail tickets are sold through agencies and the rest at rail stations. Sales of tickets through agencies amounted to Pta 25,000mn in 1997, with a growth rate of around 10% which Renfe now wants to increase through variable commission arrangements, based on production, with agencies. Talks are said to be underway with Feaav and Aedave, the travel agency sector associations.
Comment:
Plans to increase its incentives to travel agencies in an aim to increase sales mainly of tickets for long-distance travel
Publication Name: Gaceta De Los Negocios
Subject: Business, international
ISSN: 1134-3931
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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