By Deirdre Tynan • 29 June 2021 • 10:21
Spanish train maker Talgo and Britain’s HS2 have reached an out of court settlement after the Spanish firm accused HS2 of botching a procurement process. However, the Department of Transport will not reveal what Talgo settled for or how much legal proceedings cost. The contract was initially billed as worth £2.8 billion.
The Spanish company launched its legal challenge after losing out in its bid to provide HS2 with rolling stock.
A hearing had been set for July but HS2 confirmed on June 28 it had reached an out of court settlement with the Madrid-listed manufacturer.
An HS2 spokesperson said, “Following the mutual resolution of proceedings between HS2 and Talgo, HS2 is grateful for Talgo’s participation in the rolling stock procurement and wishes Talgo all the best with its future endeavours, both in the UK and internationally. HS2 looks forward to announcing its contract award decision for Britain’s new high-speed trains in due course.”
Jon Veitch, Talgo’s managing director, said, “After proceedings were commenced in March 2021 by Talgo against HS2 concerning the rolling stock manufacture and maintenance procurement for HS2, the parties have agreed to a mutually acceptable resolution of these claims. Talgo remains fully committed to the UK rail industry and wishes HS2 well in delivering this significant and important project.”
Thank you for reading, and don’t forget to check The Euro Weekly News for all your up-to-date local and international news stories.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Deirdre Tynan is an award-winning journalist who enjoys bringing the best in news reporting to Spain’s largest English-language newspaper, Euro Weekly News. She has previously worked at The Mirror, Ireland on Sunday and for news agencies, media outlets and international organisations in America, Europe and Asia. A huge fan of British politics and newspapers, Deirdre is equally fascinated by the political scene in Madrid and Sevilla. She moved to Spain in 2018 and is based in Jaen.
This settlement compensates Talgo company, but what about prospective workers.
I have experience, ironically from Bombardier, Derby ~ but transferrable to to Talgo, as now in Andorra.
Your email address will not be published. Required fields are marked *
Download our media pack in either English or Spanish.