History



	The first exportation of Spanish technology in the High speed field.
	---------------------------
	The first Finance Project structured entirely by CAF abroad.


	Production and delivery of the first variable gauge and dual voltage High Speed train.
			AVE MADRID - BARCELONA


	OPENING OF THE RAILWAY TECHNOLOGY CENTRE
			WASHINGTON, SACRAMENTO, PITSBURGH


			HEATHROW EXPRESS
AVE MADRID - SEVILLA


			HONG-KONG PROJECT
REORGANIZATION AND MODERNIZATION


			INTERNATIONAL EXPANSION
CAF,S.A


R+D UNIT
			CONTROL OVER THE ZARAGOZA MMC


MODERNIZATION AND EXTENSION
			IRUN FACTORY


FABRICA DE VAGONES DE BEASAIN			COMPAÑIA AUXILIAR DE FERROCARRILES

LA MAQUINISTA GUIPUZCOANA			AN INCREASE IN PRODUCTION

		FABRICA DE HIERROS SAN MARTIN