Hitachi Rail SpA and Bombardier Transportation, in a partnership expected to involve company participation of 60% and 40% respectively, will supply 14 Frecciarossa 1000 (also known as ETR 1000) very high-speed trains to Trenitalia (Italian Railways), as well as a ten years maintenance service agreement for the new trains. The contract overall value is around 575 million euros ($ 643 million US) with the Bombardier share valued at 233 million euros ($261 million US) and the Hitachi share valued at 342 million euros ($382 million US).
As with the current Frecciarossa 1000 fleet, all 14 of the new very high-speed trains will be built in Italy. The Frecciarossa 1000 has set new standards in performance, operating efficiency and passenger comfort.
Each train has a total length of around 200 meters, capacity for around 460 passengers and is capable of commercial speeds of up to 360 km/h. State-of-the-art aerodynamics and energy saving technologies give the train unmatched operating efficiency. There is WiFi onboard a meeting room and bistro area.