European Union · Country
? How to use this page

How to use a region page

  1. Counts and the pipeline for this region come first; the tabs list its buyers, players and tenders.
  2. Cities on the map open their own pages.
  3. Capex, pipeline value and the market narrative open with this market's edition.

Italy

10 buyers · 19 tenders · checked 2026-10-03

PNRR makes 2025-2026 Italy's peak rail years; RFI record €11.6bn 2025 across 1,300 sites; major TED contracts published throughout including €1.59bn tunnel, €2.37bn Campania.

Everything here is free. One market edition opens in full with one email. Open your free edition

6Metro systems operating
10Buyers tracked
19Tenders tracked
Live pipeline
€10.4bn of valued items tracked on TED in 2025–26, excluding the FerrovieNord framework closed with no winner (largest: EAV €2.37bn, RFI Santomarco €1.59bn, Turin Metro Line 2 civils €1.48bn)
Technology areas
Track & civil, Signalling & train control, Rolling-stock hardware, Electrification, Predictive maintenance, Digital operations, AI inspection, Cybersecurity

Key figures

RFI infrastructure investment i…€11.6 billionRFI infrastructure investment in 2025 (record; 1,300 active worksites)
1 source · secondary
  • ○ Fortune Italia · Investimenti record per RFI, Inchingolo: 'Puntiamo tutto sulla credibilità nei confronti dei passeggeri' (published 2026-06-01 · checked 2026-09-05)
PNRR rail envelope RFI cited in…€22 billionPNRR rail envelope RFI cited in Nov 2024 (over €10bn spent by then); FS Group total €25bn, €18bn invested by Feb 2026
2 sources · 1 primary
  • ● Rete Ferroviaria Italiana (press) · RFI – PNRR: avanti con potenziamento della rete ferroviaria anche dopo il 2026 (published 2024-11-14 · checked 2026-09-05)
  • ○ Fortune Italia · Investimenti record per RFI, Inchingolo: 'Puntiamo tutto sulla credibilità nei confronti dei passeggeri' (published 2026-06-01 · checked 2026-09-05)

Buyers

BuyerTypeTendersContracts awarded
Rete Ferroviaria Italiana S.p.A.Infrastructure manager79
Commissario Straordinario – Linea 2 della Metropolitana di TorinoDevelopment authority21
Ente Autonomo Volturno S.r.l.Regional rail SPV12
Trenitalia S.p.A.National operator21
FerrovieNord S.p.A.Regional rail SPV20
Gestione Governativa Ferrovia CircumetneaRegional rail SPV11
Comune di PalermoDevelopment authority10
MM S.p.A. (Metropolitana Milanese)Metro corporation10
MN Metropolitana di Napoli S.p.A.Metro corporation10
Roma CapitaleDevelopment authority10

Tenders

TenderBuyerStatusValue bandNext key date
MM Milan metro partially underground railwayMMOpenover $1bnCloses October 2026
FerrovieNord Regio Express-Transfrontaliero fleet frameworkFerrovieNordOpen$500m–1bnCloses October 2026
DAC.0037.2026 framework design execution worksRFIBids closedover $1bnBids closed May 2026 · award expected
Turin Metro Line 2 Appalto 1/2026 worksTurin Line 2 CommissionerBids closedover $1bnBids closed July 2026 · award expected
Roma Capitale tramway works design constructionRoma CapitaleBids closed$100–500mBids closed June 2026 · award expected
Campania regional railway works design constructionEAVAwardedover $1bnPublished May 2026
Santomarco tunnel design and constructionRFIAwardedover $1bnPublished January 2026
Turin Line 2 system works rolling stockTurin Line 2 CommissionerAwarded$500m–1bnPublished March 2026
Palermo tram extension design and constructionComune di PalermoAwarded$100–500mPublished January 2026
Ferrovia Circumetnea rolling-stock frameworkCircumetneaAwarded$100–500mPublished May 2026
RFI tamping machines under full maintenance serviceRFIAwarded$100–500mPublished August 2026
POP200 Intercity full-service maintenanceTrenitaliaAwarded$100–500mPublished April 2026
Naples Di Vittorio extension civil worksMNAwarded$25–100mPublished August 2026
RFI Albate–Molteno electrification design and constructionRFIAwarded$25–100mPublished April 2026
RFI Progress Rail signalling upgrade DAC.0629.2025RFIAwarded$25–100mPublished March 2026
RFI motorised recovery vehicles, full maintenance serviceRFIAwarded$25–100mPublished September 2026
RFI MER MEC signalling framework DAC.0827.2025RFIAwarded$25–100mPublished April 2026
Mestre workshop worksTrenitaliaAwarded$25–100mPublished March 2026
FerrovieNord rolling-stock supply framework LombardyFerrovieNordCancelledover $1bnDate May 2026

Cities

CityNetwork statusNetworks
Romeoperational — Metro A/B/C; tram expansion in tenderRome Metro; Rome trams (expansion)
Milanoperational — 5 metro lines; extensions in tender (MM); Lombardy regional fleet renewalMilan Metro (M1–M5); FerrovieNord / Trenord regional
Naplesoperational — Metro Line 1/6, EAV regional lines under €2.37bn renewalNaples Metro; EAV (Circumvesuviana, Cumana, Circumflegrea)
TurinMetro Line 2 Rebaudengo–Politecnico in procurement; system works and rolling stock contract concluded December 2025Turin Metro Line 2 (in procurement)
Palermooperational tram network; extension awarded (concluded December 2025)Palermo trams (extension)

Players with a footprint here

PlayerKindFootprint
AlstomRolling-stock OEMPlant
Hitachi RailSignalling & systemsPlant
WebuildCivil contractorHeadquarters
SNCFOperator groupOffice
SalcefTrack & electrification contractorHeadquarters
StruktonTrack & electrification contractorHeadquarters
COMSATrack & electrification contractorHeadquarters
Rizzani de EccherCivil contractorHeadquarters
FS EngineeringEngineering consultantHeadquarters
GhellaCivil contractorProject presence
MERMECTechnology vendorHeadquarters
CinelTrack technology supplierPlant
FS GroupOperator groupHeadquarters, Plant
SVITrack technology supplierPlant

Events here

EventKindCityDatesOrganiser
EXPO Ferroviaria 2027Trade fairMilan28–30 September 2027RX (Reed Exhibitions)

Withheld in the free surface

  • Capex in this region (3)
  • Market narrative

Full detail withheld: 2 fields. In the European Union edition · See a fully open example

  • Maintenance

Full detail withheld: 1 field. In the European Union edition · See a fully open example

Sources

  • ○ Fortune Italia · Investimenti record per RFI, Inchingolo: 'Puntiamo tutto sulla credibilità nei confronti dei passeggeri' (published 2026-06-01 · checked 2026-09-05)
  • ● Rete Ferroviaria Italiana (press) · RFI – PNRR: avanti con potenziamento della rete ferroviaria anche dopo il 2026 (published 2024-11-14 · checked 2026-09-05)
  • ● Tenders Electronic Daily (TED) · ENTE AUTONOMO VOLTURNO — Italy – Railway construction works – PROGETTAZIONE ESECUTIVA ED ESECUZIONE DEI L — notice 336046-2026 (published 2026-05-18 · checked 2026-09-05)
  • ● Tenders Electronic Daily (TED) · Rete Ferroviaria Italiana S.p.A. — Italy – Railway tunnel construction work – Progettazione esecutiva ed esecuzione — notice 8876-2026 (published 2026-01-08 · checked 2026-09-05)

Browse: the Atlas · European Union · players · events

Compiled by Watchtower to editorial standards the Managing Partner sets and enforces. Public record only — every datum carries its source.