BUSINESS
Company Profile
FS Group, The Mobility Leader
The FS Group is at the heart of Italy's mobility system and plays a key role in its development with a view to integrating infrastructure and different modes of transport.
The main objectives of Ferrovie dello Stato Italiane are: providing certainty regarding the execution of infrastructure works, promoting multimodal collective transport, increasing freight transport, and improving energy independence. With over 96,000 employees, Financial statements is a leader in passenger and freight rail transport.
Railway infrastructure includes approximately 17,000 kilometres, of which more than 1,000 dedicated to high-speed services. The FS Group ensures its railway services link all of Italy
through the maritime connection with Sicily, which ferries passenger and freight trains between Villa San Giovanni and Messina, and also manages a road network of over 32,000 kilometres.
It is an engine driving Italy's development, creating value and contributing to multimodal mobility for people and goods that is increasingly sustainable, safe and focussed on excellence.
In addition to its commitment to increasing its competitiveness domestically, the Group is also a reference point abroad where, together with its subsidiaries, it exports its technological and engineering know-how to help realise new projects.
Setting ambitious targets
People reached by high-speed trains in Italy
Core extended with ERTMS
+3 percentage points
Passenger satisfaction
1+GW
Installed photovoltaic power
Passengers transported abroad
Transformative Programmes
To accompany the FS Group's development process, five transformative programmes have been identified.
•Safety: ensuring the maximum protection for passengers, workers and assets.
•People: enhancing skills, talent and cooperation to build a cohesive and innovative team.
•Technology: redefiningthefuture of mobility by anticipating market needs with cutting-edge solutions.
•Sustainability: a focus on green mobility, reducing environmental impacts and improving well-being.
•Financial Resources: obtaining financial resources to ensure economic soundness and development opportunities.
Strategic initiatives
At the same time, FS has developed strategic initiatives aimed at creating value for the Group and the Italian system.
•RAB Model (Regulatory Asset Base): opening up to private capital to reduce reliance on public financing, guaranteeing economic sustainability.
•Connectivity: increasing on-board digital services to improve the travel experience, increase safety and improve operating efficiency.
•FS International: centralising foreign operations into one company to accelerate expansion into global markets.
•Vertical integration and partnerships: collaborating with industrial and financial companies to strengthen business development.
•FS Energy: a NewCo, dedicated to managing energy supplies and achieving decarbonisation goals.
Infrastructure
Railways and Roads
The FS Group operates around 17,000 kilometres of railway lines with over 2,100 tunnels, 23,000 bridges and viaducts and 2,200 stations.
A network that has always supported Italy's economic and social development, on which more than 9,000 trains travel every day. The 2025-2029 Strategic Plan looks to the future of mobility, calling for € 100 billion in investments, 62 of which in railway infrastructure. Its mission is to complete the high-speed system, build new links to connect more and more areas, and ensure the necessary maintenance to modernise the existing network. The main works in progress include the Third Tunnel (Terzo Valico), the Brescia-Verona-Padova, the Florence High Speed Link, the Naples-Bari,
the Salerno-Reggio Calabria and the PalermoCatania-Messina. Additionally, through Anas it manages 32,000 kilometres of roads, which see an average of 8 million vehicles every day.
More than 40 billion of investments are planned over ten years, of which 25 earmarked for new road works within Italy and 15 earmarked for improving service quality.
Despite the high number of construction sites and an unprecedented amount of investment, the FS Group is committed to studying specific initiatives aimed at improving performance, to ensure balance between development needs with maintaining the quality of service and the safety of passengers and workers, all while driving the country's economic and social development.
Transport Passengers, International Passengers and Freight
Through its own companies, FS carries more than two million passengers a day, with highly diversified offerings. Trenitalia's high-speed rail service offers more than 270 connections and 38 FrecciaLink routes to more than 130 destinations throughout Italy on a daily basis. There are 126 daily Intercity connections, of which 24 Intercity Night connections, reaching over 200 stations. Regionale connections, with over 6,000 daily routes, reach 1,700 cities. The 2025-2029 Strategic Plan goals include the expansion of commercial offerings, to expand the scope of passengers transported. At present, every year approximately 570 million people use Financial statements
Group connections in Italy. In the next five years, Trenitalia travellers are expected to increase by over 100 million, while Busitalia passengers will increase by 95 million.
To ensure a modern, innovative and sustainable service, the fleet will be updated: 46 new high speed Frecciarossa 1000 trains, 145 Regionale trains and over 1,260 low CO² buses over the next ten years.
Abroad, through verso FS International, over 230 million passengers are served every year, in various foreign markets.
FS Logistix instead coordinates integrated rail transport, handling up to 37 million tonnes of goods each year.
Other Business
The FS Group includes other companies that operate at different levels and in different sectors, contributing to the growth of its business and the Italian system.
The first of these is FS Sistemi Urbani whose goal is to transform former railway yards and areas no longer in use into functional, connected and sustainable spaces through the integration of social, environmental and mobility needs. Examples include the Greco-Breda, Rogoredo and Porta Romana stations in Milan, the redevelopment of Piazza dei Cinquecento in Rome and the intermodal projects in Napoli Porta Est and Napoli Campi Flegrei. FS Security is a security services company specialising in the protection of travellers, employees, infrastructure and stations, guaranteeing constant and qualified
support throughout Italy. With more than 1,100 highly trained professionals, the company offers integrated security solutions that combine advanced technologies, operational expertise and strong institutional partnerships. The aim is to create a safe and secure environment, improving the travel experience and the continuity of rail services. Italcertifer, thanks to synergies developed with Politecnico di Milano, University of Pisa, University of Florence and University of Naples Federico II, represents a benchmark for conformity and safety verification in the railway sector and beyond, both nationally and in Europe.
FS Technology aims to empower and support digital innovation, with a focus on optimising predictive diagnostics.
Organisation by Business Unit
To establish an overall organisational structure suitable for the creation of long-term sustainable value for shareholders and stakeholders, the FS Group has adopted a governance model for its management and coordination activities. This new model creates a structure suitable for the realisation of a unified strategic project
for an industrial corporation operating in several complementary sectors, while at the same time serving to ensure the autonomy of each subsidiary. The new structure identifies RFI, Anas, Trenitalia, FS International and FS Logistix as Heads of Business Units.
Head company
Railway Development and management of the Italian railway network
Infrastructure
Road Road network development and management
Passengers Passenger mobility services on offer
Transport
International passengers International markets covered
FS International
Freight Integrated rail freight transport Logistix
Group Companies
Notes: reference values for the year 2024
ILSA
Trenitalia UK
Trenitalia France
Netinera
Qbuzz
Hellenic Train
17,000 km of lines managed
32,000 km of roads managed
~9,000 trains in circulation per day
>8 million vehicles in circulation per day
570 million passengers transported in Italy
230 million passengers transported abroad 2+ million passengers per day
37 million tonnes of goods transported
FS Sistemi Urbani
FS Security
Ferservizi
FS Technology
FS Energy
Fercredit
Italcertifer
Busitalia Trenitalia
Italferr
International development is one of the pillars of the Strategic Plan. The FS Group is already present and active abroad, in Europe with rail transport in Spain, France, Great Britain, Greece and Germany. In the coming years, international Frecciarossa connections between Milan and Munich and between Rome and Munich will be inaugurated, which will later be extended to Berlin and Naples.
These will be followed by London-Paris. In the Netherlands, Busitalia runs Qbuzz, the third largest operator in the Dutch LPT market. The FS Group is also involved in the management of the Riyadh metro and exports its technological, operational and engineering know-how to markets outside Europe, from Asia to South America.
