Trenitalia-LeNORD, an innovative Italian model
In January, 49% of the share capital of NORDCARGO S.r.l. is sold to DB Shenker Rail Italia, a company of the German group, DB Shenker. In August, the Trenitalia-LeNORD joint-venture company is established with Trenitalia to manage all regional railway transport in Lombardy. The new company was created following the Memorandum of Understanding between the Italian government and the Lombardy Region to improve and strengthen regional railway service, resulting in an experimental reorganisation of Local Public Transportation for Italy on a new regional basis.