Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Talgo, one of the main Spanish train manufacturers, plans create 200 new jobs this year at its Rivabellosa plant in Álava (Basque Country), after undertaking a significant industrial investment.
The company aims to strengthen its industrial capacity and improve delivery performance following a period marked by financial difficulties and reputational challenges, partly linked to penalties imposed by Renfe for delivery delays. The company has also acknowledged the need to optimise costs and expand production volumes, particularly in engineering and R&D.
The investment plan will primarily benefit the Rivabellosa facility, increasing manufacturing rates and boosting activity among local suppliers. Talgo is also getting prepared for future challenges, including participation in the next phase of high-speed rail liberalisation in Spain, new Renfe tenders, and the development of a next-generation high-speed train capable of 350 km/h, successor to the Avril platform.
Talgo experienced a previous business expansion in 2022Talgo 2022-ES, with the creation of 237 new jobs
Eurofound (2026), Talgo, Business expansion in Spain, factsheet number 204282, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/204282.