Uncommon · Organizations
EUROFIMA
European Company for the Financing of Railroad Rolling Stock
EUROFIMA (European Company for the Financing of Railroad Rolling Stock), is a supranational organization based in Basel, Switzerland. Established in 1956, it operates with a non-profit maximizing mission to support the development of public service passenger rail transportation in its Contracting States.
From Wikipedia
EUROFIMA (European Company for the Financing of Railroad Rolling Stock), is a supranational organization based in Basel, Switzerland. Established in 1956, it operates with a non-profit maximizing mission to support the development of public service passenger rail transportation in its Contracting States. The organization assists railways and public transport authorities (PTA) in financing the renewal and modernization of railway equipment used for Public Service Obligation (PSO) contracts. Despite its name, the non-profit has no affiliation to the European Union, unlike peer entities such as the European Investment Bank. Through a membership model, EUROFIMA finances railway equipment through borrowings. The level of support is dependent on the equity provided by the shareholders.
Text: Wikipédia, CC BY-SA 4.0. · Image: Kabelleger / David Gubler (CC BY-SA 4.0) ·
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