Linares
CAF and SANTANA MOTOR
the shareholders of the new company
with 67% and 33% respectively.
Work has begun for the construction of a new plant to house the activity of the new company, which at first shall assemble trains for railway transport and later could also produce commuter and high speed trains.
The new plant is scheduled
to begin operation at the beginning of 2006 and 200 employees are estimated
to be working there in 2007, directly involved in the assembly and
construction of rail vehicles.