The Limited Times

Now you can see non-English news...

Paris: CFTR, Tom Thumb of buses facing transport giants

2023-02-19T21:30:45.001Z


DECRYPTION – This public transport group born from the takeover of local operators wants to take advantage of the opening to competition of Parisian buses to grow.


In January 2025 as provided by law?

Or a little later, as the Minister of Transport, Clément Beaune, does not exclude?

The date on which the opening to competition in Parisian buses will take place is not the problem of Stéphane Guénet, general manager of CFTR (French Regional Transport Company): "It's

a political decision

", says he.

On the other hand, it is certain, the end of the RATP monopoly is an opportunity to be seized.

To this end, its subsidiaries Lacroix and Savac - which already operate buses in the greater Parisian suburbs - have set up a consortium with the English company Go-Ahead, which operates 25% of buses in London.

Together, we are looking at three tenders out of the eight already initiated

,” explains Stéphane Guénet, who would be satisfied if he won a contract.

A turnover of 273 million euros

CFTR is not the only one to challenge the RATP in its backyard.

But compared to its competitors (Keolis, Transdev) who brew billions, this SME is a small thumb.

Last year she...

This article is for subscribers only.

You have 77% left to discover.

Flash Sale -70%

Offer available until February 28.

Without engagement.

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All business articles on 2023-02-19

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.