Market
Renfe announces new international partnership by June 30, 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Press releases or official statements from Renfe
Story
Raül Blanco Resigns as Renfe President Effective January 14 to Pursue Private Sector Opportunities
Jan 7, 2025, 10:44 AM
Raül Blanco, the president of Renfe, has announced his resignation from the state-owned Spanish railway company, effective January 14, citing personal reasons. Blanco, who assumed the presidency in February 2023, has led the company through a period of financial stabilization, reducing losses from 123.4 million euros in 2023 to 20 million euros in 2024, an 83% reduction. Under his leadership, Renfe's EBITDA increased by 28% to 450 million euros in the last year. Blanco's departure is part of an agreement with the Ministry of Transport and Sustainable Mobility, allowing him to pursue new professional goals in the private sector. During his tenure, Renfe also expanded its international operations and modernized its governance, aiming for positive results starting in 2025 and positioning itself as a global leader in mobility.
View original story
Similar markets
No significant expansion • 25%
Successful in France only • 25%
Successful in multiple countries • 25%
Expansion efforts postponed • 25%
Full privatization • 25%
Remain public • 25%
Aena model • 25%
Other model • 25%
All completed on time • 25%
Some completed on time • 25%
None completed on time • 25%
Renovations delayed • 25%
Growth less than 20% • 25%
Growth between 20-30% • 25%
Growth exceeds 30% • 25%
No growth or decline • 25%
No • 50%
Yes • 50%
Blue Origin • 25%
Arianespace • 25%
Other • 25%
Rocket Lab • 25%