28 October 2026 — Milan/Lombardy: Railway Supply reported that Hitachi Rail STS has been awarded a full-service maintenance contract by Trenord for the post-warranty period of its Caravaggio double-deck trains. The award notice published on the EU procurement journal (TED) records the contract value at €518,821,400 and shows a tender value of €573,011,480. Trenord concluded the contract on 20 February 2026 and the TED award notice was sent on 26 October 2026 and posted online on 27 October 2026.
According to the report, the procurement was run as an open procedure under Trenord internal reference 1525/2025, with the original contract notice published on 23 July 2025 and an estimated value of €599.6 million. TED classifies the work as repair and maintenance of rolling stock, with the Milan area as the place of performance. The award notice records a single electronic tender from Hitachi Rail STS, lists the company as a large enterprise, and states up to 40% of the contract may be subcontracted. Several parameters remain not publicly disclosed in the notices, including contract duration, number of trainsets covered and depots designated for maintenance. The Caravaggio fleet includes ETR421 and ETR521/522 versions and comprises 123 of the 214 new trains in Trenord’s renewed fleet programme that completed in December 2025.
Lead
28 October 2026 — Milan/Lombardy: Railway Supply reported that Hitachi Rail STS has won the Trenord Caravaggio maintenance contract for the post-warranty period. The award notice on the Tenders Electronic Daily (TED) procurement journal records a contract value of €518,821,400. Trenord concluded the contract on 20 February 2026; the TED award notice was sent on 26 October 2026 and published online on 27 October 2026.
Verified facts
The announcement reported by Railway Supply states that Hitachi Rail STS secured a full-service maintenance contract for Trenord’s Caravaggio double-deck trains for their post-warranty period. The award notice published on TED shows a total value recorded as €518,821,400 and separately shows a tender value field of €573,011,480; the published data does not explain the difference between these two figures. Trenord’s procurement used an open procedure under internal reference 1525/2025. The contract notice was published on 23 July 2025 and gave an estimated value of €599.6 million. The TED record classifies the work as repair and maintenance of rolling stock and identifies the Milan area as the place of performance. The award notice records one tender received, submitted electronically, from Hitachi Rail STS, which TED lists as a large company. The award notice puts the share of the contract earmarked for subcontracting at 40%.
Organizations and responsibilities
- Trenord: contracting authority and procuring organisation for the maintenance services under internal reference 1525/2025. Trenord published the contract notice on 23 July 2025 and concluded the contract on 20 February 2026. - Hitachi Rail STS: reported awardee and sole tenderer recorded in the TED award notice; designated to provide full-service maintenance for Trenord’s Caravaggio trains in the post-warranty period. - Tenders Electronic Daily (TED): EU procurement journal that published the award notice (sent 26 October 2026, posted 27 October 2026) and classifies the contract and place of performance. No other organisations, contractors or subcontractors are identified in the cited notices.
Operational and commercial context
The TED notices and Railway Supply report together indicate that the contract covers the Caravaggio fleet in its ETR421 and ETR521/522 versions. Trenord’s renewed fleet programme, declared complete in December 2025, comprises 214 new trains; Caravaggio units account for 123 of those 214 trains. In Lombardy the Caravaggio trains operate as four-car sets with 440 seats or five-car sets with 570 seats, according to the report. The procurement documentation left several operational parameters unspecified in the published fields: contract duration is recorded as unknown; the number of trainsets covered by the maintenance agreement is not publicly disclosed; and the depots that will perform the maintenance are not publicly disclosed. The award notice records that up to 40% of the contract value may be subcontracted; the identity of any subcontractors is not publicly disclosed. The estimated value placed in the contract notice (€599.6 million) and the award value recorded on TED (€518,821,400) indicate the final award is around 13.5% below the tender estimate, as reported.
Sources
- https://www.railway.supply/hitachi-rail-wins-e518-8m-deal-to-maintain-trenords-caravaggio-trains/ (Railway Supply)
- Tenders Electronic Daily (award notice sent 26 October 2026, posted 27 October 2026) as referenced in the Railway Supply report
Disclosure
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