CP (Comboios de Portugal - Articles and news items
Rail industry news / 1 November 2016 /
Comboios de Portugal (CP) celebrates 160 years of Portuguese railways by looking back at changes that have occurred over the decades.
Issue 5 2012 / 19 September 2012 /
The Portuguese Government recently decided to lease the suburban railway services of Lisbon and Oporto to the private sector, according its Strategic Plan for Transports, approved by the Council of Ministers Resolution Nº 45/2011 of 13 October 2011. The Government intends to define the model for the new private sector, as well as defining a model for the privatisation/concession of the incumbent – predicted for 2013.
The ongoing liberalisation of the domestic market in Portugal: A series of structural reforms have been adapted in Portugal aimed at enhancing the financial stability of the country’s business sector of the State, which includes CP – Comboios de Portugal, E.P.E.
A number of measures have already been established, including a review of pricing and cuts of operating costs, including the significant reduction of salaries. All of these measures, and others, are aimed at ensuring the long-term financial sustainability of companies.
In October 2006, the Portuguese government issued the Strategical Guidelines for the railway sector, which aims at empowering the railway competitive advantages in terms of performance and efficiency in the frame of the transportation system and enhance the sector’s sustainability as a contributor to the economical development and to the social and territorial cohesion.