EMCC European Monitoring Centre on Change

Renfe

Company/Organisation:
Renfe

Geographic Location

Country: Spain

Company

Sector: Transportation / storage
Transportation and storage
49.1 - Passenger rail transport, interurban
Number Employed: 14430
Group: Renfe

Employment Effects

Announcement Date: 01-04-2016
Type of Restructuring: Business expansion
Planned Job Creation: 400

Additional Information

Spanish public passenger railway company Renfe will hire between 400 and 500 workers for the first time since the crisis. In 2015 the company applied an employment adjustment, as reported in the ERM (see Renfe). In addition, Adif, the public railway company in charge of infrastructure management has confirmed that it will create 262 jobs, also reported in the ERM (see Adif). The Spanish public budget has allowed both companies to hire new workers in order to replace workers dismissed in previous adjustment processes. Moreover, the extension of the high velocity railway network requires new staff.