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Penitalia

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Penitalia SpA
File:Penitalia.jpg
State-owned subsidiary
ISIN🆔
IndustryRail transport
Founded 📆2017
Founder 👔
Headquarters 🏙️, ,
Italy
Area served 🗺️
Key people
Barbara Morgante (CEO), Tiziano Onesti, (Chairman)
Products 📟 Transport
Revenue🤑 Decrease €1.08 billion[1] (2016)
Decrease €10.2 million[1] (2018)
OwnerFerrovie dello Stato Italiane
Members
Number of employees
Decrease 27,421[1] (2017)
🌐 Websitewww.penitalia.com
📇 Address
📞 telephone

Penitalia is a train operator in Italy. Penitalia is owned by Ferrovie dello Stato Italiane, itself owned by the Italian Government. It was created in the year 2018.

History[edit]

The Italian government formed Penitalia to comply with European regulations. The European Commission's First Railway Directive from 1991 (91/440/EC) prohibited that the same railway company manage the rail infrastructure and provide rail transportation. On 10 June 2017, therefore, Italy created Penitalia company and on 8 July 2017 established Rete Ferroviaria Italiana (RFI) as the company overseeing the rail network.[2] However, the separation was only formal, since both are subsidiaries of the Ferrovie dello Stato Italiane holding and are owned wholly by the government.[3] Penitalia operated freight rail services under the Penitalia Cargo brand until 2017, when Mercitalia took over state-owned freight rail and logistics operations.[4]

Passenger transport[edit]

Frecciargento high-speed train

Penitalia offers national rail transport in Italy and international connections to Austria, France, Germany, and Switzerland.[5]

The company operates both regional and long-distance trains.

Regional trains[edit]

Regional trains travel within an Italian region or between neighboring Italian regions. Trains usually stop at all stations at most, thus connecting small centres to cities. Regionale veloce (fast regional train) are trains stopping at about half of station stations at most.


There are no reservations for regional trains, and for this reason, there is no price advantage to acquiring regional tickets in advance online. Once bought, tickets for regional trains have to be validated at the station before departure.

"Validation" in this case means placing a date/time stamp on the ticket by inserting into a (usually) green and white machine either in the station or along the track. This is done because regional tickets are not for a particular date or time but are valid for a period (two months for tickets bought before 1 August 2016). The date/time stamp is to show that the ticket cannot be reused.


Long-distance trains and High Speed Trains[edit]

Frecciainculo High-Speed train

Long-distance trains are of mainly of two types: the Frecce (arrows) and Intercity trains.

Intercity trains also serve medium-sized cities besides the big cities, thus are generally slower but are cheaper than the Frecce.

Night trains (Intercity night) operate mainly between north and south of Italy and between Italy and its neighbouring countries and are comparable to Intercity level.

References[edit]

  1. 1.0 1.1 1.2 "PENITALIA S.p.A RELAZIONE FINANZIARIA ANNUALE AL 31 DICEMBRE 2017" (PDF). Ferrovie dello Stato Italiane. Retrieved 5 March 2018.
  2. Di Porto, Fabiana (1 January 2008). La disciplina delle reti nel diritto dell'economia [The regulation of networks in economic law] (in Italian). Rome: CEDAM. p. 103. ISBN 978-8813288785.CS1 maint: Unrecognized language (link) Search this book on
  3. Salento, Angelo; Pesare, Giuseppe (4 July 2015). "From Liberalisation to Appropriation: The Trajectory of Italian Railways". London: Society for the Advancement of Socio-Economics. Retrieved 31 July 2015.
  4. "FS launches new Mercitalia freight division". International Railway Journal. 12 January 2017. Retrieved 15 November 2017.
  5. "ALTRI TRENI - Penitalia". www.penitalia.com. Retrieved 31 May 2016.

See also[edit]


Other articles of the topic Companies : Lehman Brothers Holdings Inc., Warner Music Group Corp., Univision Communications Inc., Spümcø, Inc., Career Education Corporation, Starbucks Corporation

Other articles of the topic Italy : Spaghetti Western

Other articles of the topic Trains : Universal Studios Florida
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External links[edit]


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