Autogrill has won the tender to run two restaurants in the new Madrid-Atocha AVE (high-speed) rail terminal

Wednesday, December 11, 2002

Milano , 11 December 2002 - Autogrill Spain, through its affiliate Receco, has won the concession for two of the restaurants that Renfe, the Spanish Railway, has contracted out in the forthcoming terminal for the new Madrid-Zaragoza-Lleida AVE line. With this new award, Autogrill consolidates its presence in one of the most important channels for the future: the railway stations of the AVE.
These awards have great strategic value for Autogrill because of the estimated growth of the new Alta Velocidad España (High Speed Spain) line. According to the estimates of Renfe, with the new Madrid-Zaragoza-Lleida AVE line the total number of passengers that travel with the High Speed Trains will increase by 40% to 8.7 million in 2003 and to 14 million in 2005.