Are SNCF and the French government planning a back-door privatisation of rail system?

By Staff, Global Construction Review; May 14, 2018

An internal SNFC document seen by French magazine Le Parisien suggests that the company, which owns the national network’s trains and track, is considering making changes to the company’s share rules that could open the door to a future privatisation.

The document revealed the minutes of a meeting between SNCF executives and officials from the Ministry of Transport. The proposal put forward by the company would allow shares in SCNF to be traded, which is not possible at present.

Fabien Villedieu, an official with the SUD-Rail union, told Le Parisien: “Nothing will prevent management from selling shares in SNCF Mobilités [the company that runs the trains] or SNCF Réseau [which manages the track].”

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