ADD.GOD.755.20 Telecoms Credentials

Total Page:16

File Type:pdf, Size:1020Kb

ADD.GOD.755.20 Telecoms Credentials INTERNATIONAL RAIL A Global Team of Industry Experts THE UK WAS THE FIRST COUNTRY IN THE WORLD TO SET UP PASSENGER RAIL FRANCHISE CONTRACTS IN 1996. LEADING ADDLESHAW GODDARD’S LAWYERS HAVE BEEN AT THE FOREFRONT OF THIS PROGRAMME FOR MANY YEARS. THE WAY NOW THE FRANCHISING MODEL IS SHIFTING AGAIN. RAIL SERVICES ARE ADAPTING TO CHANGES IN DEMAND, TECHNOLOGY AND FINANCING. ADDLESHAW GODDARD IS WORKING ALONGSIDE THE REGULATORS, TRAIN OPERATING COMPANIES AND FINANCIAL INVESTORS TO SUPPORT AND ADVISE THROUGH THIS TIME OF TRANSFORMATION. We are an extensive full service Our clients include government rail team working across multiple departments such as DfT, infrastructure jurisdictions across the globe advising managers such as HS1 Limited and public and private sector clients across Network Rail, manufacturers such all aspects including: as CAF and Hitachi Rail, financiers including Eversholt Rail and SMBC z Rail passenger concessions whom we advise on a full range of legal services from procurement, to funding z Infrastructure projects and finance, all aspects of contract and corporate law and dispute resolution. z Rolling stock manufacture and finance This is a snapshot of our expertise. z Rail regulation z Freight haulage CONTENTS PASSENGER THE FUTURE OF INFRASTRUCTURE CONNECTING CONCESSIONS FRANCHISING COUNTRIES ROLLING STOCK PIONEERS IN BUILDING A RAIL REGULATION MANUFACTURE COMPLEX FINANCE SUSTAINABLE AND FINANCE LEASING FUTURE IN RAIL IMPLEMENTING FREIGHT ENVIRONMENTALLY ABOUT AG A NEW REGULATORY HAULAGE FRIENDLY WAGONS REGIME PASSENGER CONCESSIONS DEPARTMENT FOR DEPARTMENT FOR NETINERA KEOLIS – AMEY TRANSPORT TRANSPORT DEUTSCHLAND GMBH CONSORTIUM Advising the DfT on the West Advising the DfT on the Advising in relation to all Advising the consortium on their Coast Partnership procurement competitive procurement of the concessions operated by Netinera successful bids for the O&M West Midlands passenger rail Deutschland GmbH including its concessions on both Docklands franchise German subsidiaries Light Railway and Manchester Metrolink RATP DEV TRANSDEV – RATP QATAR RAIL TRANSPORT FOR Advising the consortium on DEV CONSORTIUM Advising the bidding consortium LONDON the bid for the Dubai Metro Advising the consortium on for Qatar Rail on risk allocation Advising Transport for London on O&M Concession the bid for the Dublin North and risk management strategies the initial concept for the London Concession Rail concession THE FUTURE OF FRANCHISING THE PROJECT OUR ROLE MAKING A DIFFERENCE Addleshaw Goddard’s rail team advised the DfT On this highly bespoke project, our role Key to the success of this project was on the landmark West Coast Partnership (WCP) included planning and structuring the seamlessly working with the DfT and in franchise competition which included operation Partnership, beginning with a detailed feasibility collaboration with their other advisers on of West Coast and HS2 services. assessment for the initial proposition to the detailed solutions for the strategic issues combine HS2 and the Inter City West Coast that had been identified, implementing services and reviewing the procurement them in practice by preparing the ITT and challenges that this would pose (along with all franchise agreement which led to an effective of the other legal considerations). competition. We worked as part of a joint DfT/HS2 Limited team to devise a way for the parties to work together through the life of the Partnership. The provisions we drafted ensure information flows effectively between them and any issues that may arise are addressed quickly and effectively, minimising disruption to passengers. INFRASTRUCTURE TRANSPORT FOR NATWEST BANK LONDON LUTON AIPORT DAVENTRY LONDON Advising NatWest regarding Advising London Luton Airport INTERNATIONAL RAIL Advising Transport for London the financing of rolling stock on the £200 million Direct Air to FREIGHT TERMINAL on the power upgrade for the maintenance workshops located in Rail Transit (Luton DART) system Advising the developers on Piccadilly line Germany which will transport passengers the UK’s largest intermodal rail between Luton Airport Parkway freight logistics centre on its station and the airport rail regulatory and track access arrangements NETINERA QATAR RAIL LONDON ELECTRICITY DB INTERNATIONAL DEUTSCHLAND GMBH Advising Qatar Rail in connection Advising on the provision of the LED CONSORTIUM Advising Netinera Deutschland with the QAR327m joint venture private electricity distribution Advising on the bid for the GmbH and its German subsidiaries with an international operator system to supply power to HS1 Kenya-Uganda standard gauge regarding the sale of repair shops for investment in transportation railway project in Africa and infrastructure related projects technologies in Qatar CONNECTING COUNTRIES THE PROJECT OUR ROLE MAKING A DIFFERENCE At 18km long and €5bn in value, the Working for the Danish Government owned This project required flexibility and real Fehmarnbelt Tunnel is one of Europe’s biggest company, Femern A/S. we helped design imagination. After many years of legal infrastructure projects. Once completed it will the bidding process to select contractors. groundwork, construction of the tunnel finally be the longest immersed road and rail tunnel in The sheer size of the project meant several commenced in 2020 with completion targeted the world, creating a new link between Denmark construction contracts were let, with bidders for 2028. We know a long road (and plenty and Germany. But getting the work off the comprising consortiums from around the world. of legal legwork) lies ahead – but there’s ground (or under the sea) has been a hugely AG prepared bespoke contracts, including definitely light at the end of the tunnel. complex legal challenge. mechanisms to ensure different contractors work collaboratively. The contracts are in English, and clarity of expression was key, given the involvement of parties from many different jurisdictions. All contracts have also been designed to “speak to” each other – using the same provisions for ease of contract management in case future disputes involve several contracts – despite the diverse subject matter ranging from dredging to concrete production to electrical installations. ROLLING STOCK MANUFACTURE AND FINANCE RAIL OPERATIONS SMBC/EQUITIX CAF EVERSHOLT RAIL GROUP GROUP Advising on the c.£1bn financing Advising on the manufacture Advising on over £1bn of new Advising on its framework and acquisition of 4 x new train and supply of a €200m order of rolling stock fleet financings, agreement with Stadler Rail fleets for operation on the Wales & Civity UK DMUs, placed by West under a series of separate Valencia for the purchase of Borders franchise Midlands Trains procurements run by GWR, FTPE (up to) 30 x Class 93 tri-mode and Arriva Rail Northern locomotives, valued at €130m SMBC LEASING EXPORT DEVELOPMENT NETINERA BEACON RAIL Advising on the structured CORPORATION DEUTSCHLAND GMBH Advising on the company’s first investment into the leasing OF CANADA Advising Netinera Deutschland locomotive leasing agreements companies which own the Metro Advising on the financing of 250 GmbH in connection with the in both the UK and Germany de Madrid rolling stock class 66 and class 67 locomotives acquisition of trains under finance and on bidding to lease Vossloh for English, Welsh and Scottish lease structures. Investment locomotives in Norway Railways volume exceeds Euro 1 billion. PIONEERS IN COMPLEX FINANCE LEASING THE PROJECT OUR ROLE MAKING A DIFFERENCE In order to reduce the acquisition cost for We were representing Netinera Deutschland This project is seen as the first project in the financing of rolling stock, the German GmbH as the first provider of transport services Germany in which state guarantees were authorities (Aufgabenträger) in 2012 started to in Germany to accept the offer to financially embedded in highly complex lease structures. include the possibility to support the acquisition support the acquisition of the trains. The We entered new legal territory and created a of rolling stock by offering either public investment volume exceeded EUR 500 million. true piece of pioneer work that served and still guarantees or warranties procuring continued serves as blue print for many other transactions use of the trains upon the termination of the that followed this project. relevant concession. BUILDING A SUSTAINABLE FUTURE IN RAIL THE PROJECT OUR ROLE MAKING A DIFFERENCE In response to the UK Government’s We have advised Hitachi Rail on their Our broad policy understanding and significant commitment to rid the rail network of diesel successful bid for four new-build rolling stock expertise in sustainable transport means we only-powered trains by 2040, Hitachi Rail is procurements worth over £1bn which involved were well placed to advise Hitachi Rail on working to build a more hybrid environment, the supply and maintenance of their innovative achieving their procurement objectives. The investing in more sustainable technologies and bi-mode AT300 trains. bi-mode technology used on Hitachi Rail’s rolling stock solutions. AT300 models means the trains can run as sustainably as possible. They run on electric power wherever the network is electrified, only using diesel power where there are gaps in electrification infrastructure. The modern diesel engines are significantly lower emission than the previous fleets they produced. Crucially, this is cutting carbon dioxide emissions. In addition, their regenerative braking
Recommended publications
  • Comunicato Stampa
    Comunicato Stampa INNOTRANS 2018, FS ITALIANE: SVILUPPO DEL BUSINESS FERROVIARIO IN EUROPA E NEI MERCATI INTERNAZIONALI • esaminato lo sviluppo del mercato ferroviario europeo, quello di riferimento per le società operative di FS Italiane • valutati gli scenari per il miglioramento industriale e dei servizi di trasporto delle società estere del Gruppo FS Italiane in Europa • illustrate strategie per esportare know-how ferroviario italiano nei mercati extra-europei Berlino, 19 settembre 2018 Sviluppo del business ferroviario in Europa e nei mercati extra UE, scenari futuri per la competizione nel mercato dei trasporti del Vecchio Continente e strategie per esportare il know-how ferroviario italiano all’estero. Questi i temi affrontati oggi a InnoTrans 2018, la Fiera internazionale dedicata al trasporto ferroviario, nel corso della tavola rotonda Internazionalizzazione e Mercati Esteri e durante il Focus Mercati Internazionali. Alla tavola rotonda Internazionalizzazione e Mercati Esteri, moderata da Barbara Morgante, Direttore Centrale Governance e Partecipate Estere di FS Italiane, hanno preso parte Jost Knebel, Amministratore Delegato di Netinera Deutschland, e Mirko Pahl, Amministratore Delegato di TX Logistik, società che operano in Germania rispettivamente nel trasporto passeggeri (ferro e gomma) e in quello merci e logistico. Sono intervenuti anche Ernesto Sicilia, Presidente di Trenitalia UK, società che possiede il 100 per cento di Trenitalia c2c, operativa con un servizio commuters fra Londra e Shoeburyness (Essex), e Johan Thissen, Chief Financial Officer (CFO) di Qbuzz, controllata da Busitalia, terzo operatore olandese di trasporto pubblico locale su gomma. Chiudono il panel Petros Arvanitis, Consigliere economico dell'Amministratore Delegato e Responsabile Budget e Controllo di TrainOSE, impresa ferroviaria più importante in Grecia, e Maria Luisa Grilletta, Membro del Board di Thello, società che offre collegamenti ferroviari (diurni e notturni) fra Italia e Francia.
    [Show full text]
  • Network Advisory Board
    PRESS RELEASE – English Translation Network Advisory Board Press release 01 / 2021 dated: 29.01.2021, topic: Network Advisory Board Federal Railway Authority appoints Network Advisory Board for the period 2021-2023 The first meeting of the newly appointed Network Advisory Board, which will advise DB Netz AG on issues relating to the expansion, development, maintenance, provision and nature of the rail-network will be held on 2 March 2021. The Federal Railway Authority has selected 18 leading representatives of freight and passenger transport, of the task authorities and transport associations, and of rail transport associations from various regions and from companies of different sizes for the body. The advisory board members serve on an honorary basis. The Network Advisory Board is an independent advisory body provided for by law that represents the network users and also publicly represents their interests. DB Netz AG is required to make the recommendations and opinions of the Network Advisory Council the subject of its Board of Management deliberations. Further information and the names of the members can be found on the website of the Network Advisory Board (https://www.netzbeirat.de). Members: (https://www.netzbeirat.de/NB/DE/Mitglieder/mitglieder_node.html) BusinessUnit Name Organisation Region Long distance passenger Dr. Matthias DB Fernverkehr AG nationwide Feil Long distance passenger Dr. Markus RDC Deutschland GmbH nationwide Hunkel Long distance passenger Mag. Klaus ÖBB Personenverkehr AG nationwide Garstenauer Freight Stefan Marx boxXpress.de-GmbH north Freight Thorsten Dieter DB Cargo AG nationwide Freight Wolfgang Birlin RheinCargo GmbH & Co. KG west Freight Thilo Beuven RTB CARGO GmbH west BusinessUnit Name Organisation Region Regional passenger Anne Mathieu KEOLIS Deutschland GmbH & Co.
    [Show full text]
  • 2015 Annual Report
    (Translation from the Italian original which remains the definitive version) 2015 ANNUAL REPORT CONTENTS 2015 ANNUAL REPORT 1 Chairman’s letter 3 GROUP HIGHLIGHTS 6 Disclaimer 7 Key and glossary 8 The future is founded on history 11 Consolidated highlights 12 DIRECTORS’ REPORT 13 Corporate governance and ownership structure report 14 The group’s performance 29 Transport 37 Infrastructure 42 Real Estate Services 45 Other Services 48 Ferrovie dello Stato Italiane S.p.A.’s performance 52 Macroeconomic context 55 Customers 59 Performance of markets and domestic railway traffic 63 Traffic figures of major European railway companies 67 Safety in railway operations 68 Sustainability 69 Human resources 70 The environment 75 Risk factors 77 Investments 81 Research and development 90 Main events of the year 92 Other information 101 Parent’s treasury shares 113 Related party transactions 114 Events after the reporting date 115 Outlook for the group 116 Proposed allocation of the profit for the year of Ferrovie dello Stato Italiane S.p.A. 118 CONSOLIDATED FINANCIAL STATEMENTS OF FERROVIE DELLO STATO ITALIANE GROUP AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2015 119 Consolidated financial statements 120 Notes to the consolidated financial statements 126 Annexes 210 SEPARATE FINANCIAL STATEMENTS OF FERROVIE DELLO STATO ITALIANE S.P.A. AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2015 221 Financial statements 222 Notes to the separate financial statements 228 Ferrovie dello Stato Italiane group 2 Chairman’s letter Dear Shareholder, 2015 brought a host of new developments for Ferrovie dello Stato Italiane group and its stakeholders. In many ways, it was a year of transition as the Italian macroeconomic context stabilised, public investments in the country’s strategic infrastructure resumed (with a total of €17 billion allocated to FS group for investments in railway transport over the next few years) and the tax burden was cut substantially.
    [Show full text]
  • 2020 Sustainability Report.Pdf
    (Translation from the Italian original which remains the definitive version) Ferrovie dello Stato Italiane Group 2020 SUSTAINABILITY REPORT FERROVIE DELLO STATO ITALIANE S.p.A. COMPANY OFFICERS Board of directors Appointed on 30 July 20181 Chairman Gianluigi Vittorio Castelli CEO and general director Gianfranco Battisti Directors Andrea Mentasti Francesca Moraci Flavio Nogara Cristina Pronello Vanda Ternau Board of statutory auditors Appointed on 3 July 20192 Chairwoman Alessandra dal Verme Standing statutory auditors Susanna Masi Gianpaolo Davide Rossetti Alternate statutory auditors Letteria Dinaro Salvatore Lentini COURT OF AUDITORS’ MAGISTRATE APPOINTED TO AUDIT FERROVIE DELLO STATO ITALIANE S.p.A.3 Giovanni Coppola MANAGER IN CHARGE OF FINANCIAL REPORTING Roberto Mannozzi INDEPENDENT AUDITORS KPMG S.p.A. (2014-2022) 1 Gianfranco Battisti was appointed CEO on 31 July 2018. 2 Following the shareholder’s resolution on the same date. 3 During the meeting of 17-18 December 2019, the Court of Auditors appointed Section President Giovanni Coppola to oversee the financial management of the parent as from 1 January 2020 pursuant to article 12 of Law no. 259/1958. Section President Giovanni Coppola replaces Angelo Canale. FERROVIE DELLO STATO ITALIANE GROUP 2020 SUSTAINABILITY REPORT CONTENTS Letter to the stakeholders ................................................................... 6 Introduction ...................................................................................... 9 2020 highlights ................................................................................
    [Show full text]
  • Stand Des Wettbewerbs Im Personenverkehr
    Stand des Wettbewerbs im Personenverkehr Bedauerlicherweise verdeckt die häufig sehr pauschal geführte Debatte über die Qualität des Eisen- bahnverkehrs besonders im Personenverkehr, dass sich seit der Bahnreform der Neunzigerjahre der Markt vollkommen verändert hat, und dass die Qualität auch deutlich gestiegen ist. Die Konzentration vieler Debatten auf die Deutsche Bahn AG wird der vorhandenen Betreiber- und Anbietervielfalt und den Marktanteilen nicht mehr gerecht. Sie spiegelt auch nicht wider, dass viele wichtige DB-Wettbe- werber selbst große internationale Verkehrskonzerne im Hintergrund haben, die ähnlich viel Kompe- tenz und Erfahrung aufweisen wie die DB. Im Personenverkehr wird diese Unwucht besonders deutlich, denn bei der bundesweiten Debatte um Qualität und Pünktlichkeit steht immer der DB-Fernverkehr – und hier wiederum fast ausschließlich der Hochgeschwindigkeitsverkehr mit dem DB-Produkt ICE – im Mittelpunkt, was das Gesamtbild des Marktes und auch die Erfahrung der Fahrgäste nicht adäquat widerspiegelt. Dem Fernverkehr wird in der aktuellen Diskussion und Wahrnehmung eine überdurchschnittliche Aufmerksamkeit geschenkt. Ein Vielfaches des Schienenverkehrsaufkommens des Fernverkehrs wird jedoch im regionalen Schie- nenverkehr (SPNV) erbracht. Gerade hier – im täglichen Verkehr zu Arbeit, Schule oder Universität – lassen sich Autofahrten ersetzen und liegt die Lösung für die Umweltprobleme und die durch Verkehrs- probleme sinkende Lebensqualität in den Metropolregionen. Der weitere Ausbau des SPNV besonders im Bereich 20-100 km um die größeren Städte des Landes bietet große Wachstumspotenziale und ist zur Erreichung der Klimaziele und der verkehrspolitischen Ziele zur Verlagerung von Verkehrsanteilen auf die Schiene ohne Alternative, wird aber zu wenig forciert. 1. Entwicklung des Mobilitätsbedarfs Die Bevölkerung der Bundesrepublik ist im Jahr 2018 erstmals auf über 83 Millionen Einwohner ange- stiegen.1 Trotz der insgesamt fortschreitenden Alterung der Gesellschaft wird ein leichter Trend nach oben noch einige Jahre anhalten.
    [Show full text]
  • NETINERA Deutschland and Alstom Sign a Contract for 63 Coradia Lint Regional Trains
    [Texte] 19 September 2012 A contract worth around €300 million NETINERA Deutschland and Alstom sign a contract for 63 Coradia Lint regional trains NETINERA Deutschland and Alstom Transport have signed a contract worth around €300 million for the supply of 63 Coradia Lint regional trains. The new trains will run between Frankfort and Saarbrück (Nahe/Rhine-Hesse region), and between Koblenz and Kaiserslautern (Saar region) from December 2014. The 63 trains will operate in the Southwest Diesel Network and will cover all together a distance of 6.7 million kilometres each year. Alstom develops and manufactures the Coradia Lint trains at its Salzgitter site, in Germany. This contract was signed on the occasion of Innotrans, the International Trade Fair for Transport Technology in Berlin (Germany). “The acquisition of these new trains from Alstom gives the growth potential from NETINERA on the German market an important impulse and is a big step for the group Ferrovie dello Stato Italiane to embrace the challenges in Europe – from the railway operating perspective as well as for the technical knowhow”, says Mauro Moretti, CEO of the Italian State Railways, Ferrovie dello Stato (FS), mother company of NETINERA Deutschland GmbH. Jost Knebel, CEO of NETINERA Deutschland, adds: “We are very pleased to be able to offer the passengers an improved mass transit concept in that region, using our longstanding expertise, the extraordinarily high service orientation of our employees and the new trainsets“. “We are delighted to sign our first contract with NETINERA Deutschland. With more than 700 regional trains sold over the past fifteen years, we provide our customers and their passengers a proven, comfortable and environmentally friendly means of transport“ , states Henri Poupart- Lafarge, President of Alstom Transport.
    [Show full text]
  • TGV Paris-Milan
    22nd Hellenic Logistics Conference Athens, 28-29 November 2018 Luisa Velardi 1. Single European Railway Area 2. Trains beyond borders 3. Companies beyond borders 2. Trains beyond borders 1. Single European Railway Area 3. Companies beyond borders Opening up national freight and passenger markets to cross-border competition has been a major step towards creating an integrated European railway area and a genuine EU internal market for rail • Boosting competition. Different organisational entities must be set up for transport operations on the one hand and infrastructure management on the other. • Opening markets Europe-wide. As well as encouraging greater competition within national markets, EU legislation gives rail operators the ability to run services in and between other EU countries, opening up cross-border competition. Source: https://ec.europa.eu/transport/modes/rail/market_en 2. Trains beyond borders 1. Single European Railway Area 3. Companies beyond borders Technical pillar • save firms from having to file costly multiple applications in the case of operations beyond one single Member State. ERA will issue vehicle authorizations for placing on the market and safety certificates for railway undertakings, valid throughout the EU. • create a "One stop shop" which will act as a single entry point for all such applications, using easy, transparent and consistent procedures. • ensure that European Rail Traffic Management System (ERTMS) equipment is interoperable. • reduce the large number of remaining national rules, which create a risk of insufficient transparency and disguised discrimination of new operators. Source: https://ec.europa.eu/transport/modes/rail/packages/2013_en 2. Trains beyond borders 1. Single European Railway Area 3.
    [Show full text]
  • Veolia Transdev Group Veolia Transdev As Very International Operator
    Florence March, 19th 2012 European Regulation Forum: View from Operator Dr. Axel Sondermann, Veolia Verkehr Regio GmbH / Veolia Transdev Group Veolia Transdev as very international operator 17.9 Revenue breakdown by geography Others Australia (€bn – 2010/2011) Asia 13.8 North America North/ East Europe South Europe UK + Ireland Germany 8.1 7.5 Benelux 6.3 France 5.2 4.1 3.5 2.9 2.6 2.5 2.5 1.8 Sources: annual reports Veolia Transdev as largest non-historical operator 20 2010-2011 Revenue of main international operators (€bn) 18 Breakdown by main businesses €bn 15 13.8 10 8 7.5 6.3 5.2 5 4.1 3.5 2.9 2.6 2.5 2.5 1.8 0 Bus & Coach Regional Rail / Metro Long Distance Rail Non transportation / other revenue Sources: annual reports - SNCF: only passenger transportation revenue -Trenitalia: incl.Arriva Germany revenue - DB Arriva: only passenger transportation revenue -RATP: incl VTD assets (430m€) International rail operators Rail Revenues 2010-2011 €bn 15 15 (including regional & long distance rail) 2,5 10.6 10 1 6.4 12,5 0,5 5 9,6 3.5 2.6 5,9 1 2.2 1.8 1 1.2 1.1 2,5 2,7 0.9 0.8 1,8 1,2 1,2 1,1 0,9 0,8 0 SNCF/Keolis DB Arriva Trenitalia NS Abellio FirstGroup MTRC Go Ahead Stagecoach Keolis VTD NX Keolis integrated Pro forma revenue at 56% incl. 100% Arriva Domestic International Source : Companies last annual reports Our rail market positioning Market size and 3,6 7.8 0.2 0.7 0.7 0.8 0.3 100% growth and VTD positioning 50% 0,7 .
    [Show full text]
  • Somerset Local Aggregate Assessment
    Somerset Local Aggregate Assessment: incorporating data from 2005-2014 Somerset County Council with Exmoor National Park Authority Minerals and Waste Development Framework This document has been prepared by Somerset County Council in partnership with Exmoor National Park Authority © Somerset County Council Cover photographs: Main image and bottom left image: Whatley Quarry (taken by SCC); middle left image: view of an aggregate working area (taken by SCC); top left image: Halecombe Quarry (taken by SCC). Copies of this document are available from: Somerset County Council County Hall Taunton Somerset TA1 4DY Tel: 0300 123 2224 Email: [email protected] For further details of the Somerset Minerals and Waste Development Framework, and to view and download this and related documents, please visit the Somerset County Council website: www.somerset.gov.uk/mineralsandwaste For further details of the Exmoor National Park Local Plan, please visit http://www.exmoor-nationalpark.gov.uk/planning/planning-policy Document control record Name of document: Somerset Local Aggregate Assessment Draft approved: 19 January 2016 Revised draft approved: 26 January 2016 2nd revision: 09 March 2016 ii Contents 1. Introduction 1 2. Land won Aggregates 7 3. Imports and Exports 13 4. Capacity of Aggregate Transportation Infrastructure 16 5. Alternative Aggregates 19 6. Future Aggregate Supply 23 7. Conclusions 28 List of Tables Table 1 Permitted Aggregate Quarries 6 Table 2 Crushed Rock Sales in Somerset 2005-2014 7 Table 3 Somerset Existing Landbank
    [Show full text]
  • 2019 Annual Report
    (Translation from the Italian original which remains the definitive version) 2019 ANNUAL REPORT CONTENTS (Translation from the Italian original which remains the definitive version) 2019 ANNUAL REPORT 1 Chairman’s letter 3 Group highlights 9 Directors’ report 16 Directors’ report and consolidated non-financial statement pursuant to Legislative decree no. 254 of 30 December 2016 17 Business model 23 Report on corporate governance and the ownership structure 25 The group’s financial position and performance 49 Segment reporting 58 Ferrovie dello Stato Italiane S.p.A.’s financial position and performance 69 Investments 72 Research, development and innovation 81 Context and focus on the FS Italiane group 83 Stakeholder engagement 109 Commitment to sustainable development 111 Main events of the year 139 Risk factors 146 Travel safety 156 Other information 157 The parent’s treasury shares 164 Related party transactions 165 Outlook 166 Consolidated financial statements of the Ferrovie dello Stato Italiane group as at and for the year ended 31 December 2019 168 Consolidated financial statements 169 Notes to the consolidated financial statements 175 Annexes 288 Separate financial statements of Ferrovie dello Stato Italiane S.p.A. as at and for the year ended 31 December 2019 306 Financial statements 307 Notes to the separate financial statements 313 Proposed allocation of the profit for the year of Ferrovie dello Stato Italiane S.p.A. 380 Annual report 2 Chairman’s letter Dear Shareholder, The health emergency we currently face has shattered the status quo and lends particular significance to the customary submission of the draft annual report to our shareholder.
    [Show full text]
  • Competition Act 1998
    Competition Act 1998 Decision of the Office of Rail Regulation* English Welsh and Scottish Railway Limited Relating to a finding by the Office of Rail Regulation (ORR) of an infringement of the prohibition imposed by section 18 of the Competition Act 1998 (the Act) and Article 82 of the EC Treaty in respect of conduct by English Welsh and Scottish Railway Limited. Introduction 1. This decision relates to conduct by English Welsh and Scottish Railway Limited (EWS) in the carriage of coal by rail in Great Britain. 2. The case results from two complaints. 3. On 1 February 2001 Enron Coal Services Limited (ECSL)1 submitted a complaint to the Director of Fair Trading2. Jointly with ECSL, Freightliner Limited (Freightliner) also, within the same complaint, alleged an infringement of the Chapter II prohibition in respect of a locomotive supply agreement between EWS and General Motors Corporation of the United States (General Motors). Together these are referred to as the Complaint. The Complaint alleges: “[…] that English, Welsh and Scottish Railways Limited (‘EWS’), the dominant supplier of rail freight services in England, Wales and Scotland, has systematically and persistently acted to foreclose, deter or limit Enron Coal Services Limited’s (‘ECSL’) participation in the market for the supply of coal to UK industrial users, particularly in the power sector, to the serious detriment of competition in that market. The complaint concerns abusive conduct on the part of EWS as follows. • Discriminatory pricing as between purchasers of coal rail freight services so as to disadvantage ECSL. *Certain information has been excluded from this document in order to comply with the provisions of section 56 of the Competition Act 1998 (confidentiality and disclosure of information) and the general restrictions on disclosure contained at Part 9 of the Enterprise Act 2002.
    [Show full text]
  • Annex A: Organisations Consulted
    Annex A: Organisations consulted This section lists the organisations who have been directly invited to respond to this consultation: Administrative Justice and Tribunals Service Advanced Transport Systems AEA Technology Plc Aggregate Industries Alcan Primary Metal Europe Alcan Smelting & Power UK Alstom Transport Ltd Amey Plc Angel Trains Arriva Trains Wales ASLEF Association of Chief Police Officers in Scotland Association of Community Rail Partnerships Association of London Government Association of Railway Industry Occupational Physicians Association of Train Operating Companies Atkins Rail Avon Valley Rail Axiom Rail BAA Rail Babcock Rail Bala Lake Railways Balfour Beatty plc Bluebell Railway PLC Bombardier Transportation BP Oil UK Ltd Brett Aggregates Ltd British Chambers of Commerce British Gypsum British International Freight Association British Nuclear Fuels Ltd British Nuclear Group Sellafield Ltd British Ports Association British Transport Police BUPA Buxton Lime Industries Ltd c2c Rail Ltd Cabinet Office Campaign for Better Transport Carillion Rail Cawoods of Northern Ireland Cemex UK Cement Ltd Channel Tunnel Safety Authority Chartered Institute of Logistics & Transport Chiltern Railways Company Ltd City of Edinburgh Council Civil Aviation Authority Colas Rail Ltd Commission for Integrated Transport Confederation of British Industry Confederation of Passenger Transport UK Consumer Focus Convention of Scottish Local Authorities Correl Rail Ltd Corus Construction & Industrial CrossCountry Crossrail Croydon Tramlink Dartmoor
    [Show full text]