Friday, 14 May, 2021

Transdev unsuccessful candidate for the CDG Express line


Transdev was fully relying on the CDG Express line, which is to link the Gare de l’Est to Roissy airport to give credibility to its expertise in rail. But it is the RATP and Keolis that are winning. Present in the bus, coach, metro or even tram, the Transdev group aims to become a European champion of mobility. Here’s how.

CDG Express

Ready for everything ? By filing a complaint on November 7 against Keolis (a subsidiary of SNCF) and RATP Dev before the Competition Authority on the CDG Express call for tenders, Transdev had created a surprise. The urban transport group suspected the “Duopoly” to want to discourage the entry of competitors at the time of the opening of the French rail market. But the government has decided: the future rail link between Roissy airport and Gare de l’Est will not be for it. This is the final offer of the Keolis-RATP Dev duo that was “ranked first” according to an official document. A setback which does not however alter the ambitions of Transdev and its new shareholder, the German group Rethmann.

“We are in the process of creating an Airbus for passenger transport”, recently launched Ludger Rethmann, the boss of the family group which since October replaced Veolia in the capital of Transdev. An certainly ambitious assertion, but which sums up the state of mind of the new shareholders, who want to make the SNCF’s challenger a European champion of mobility. “Rethmann is a true industrialist, adds Thierry Mallet, CEO of Transdev since 2016. With it, we will be able to achieve commercial synergies, develop joint technological projects in autonomous vehicles and digital solutions, but also accelerate internationally. “

Debt heavily reduced

Little known to the general public, even if it transports 10 million people per day in France and elsewhere, Transdev manages buses (Reims, Amsterdam, etc.), ferries (Australia), coaches, trams ( for example in Le Havre), metros (Bombay, Ile-de-France with the CDGVal…) or even trains (Germany, in particular). In 2017, it posted a slight decline in turnover, to 6.6 billion euros, but a net profit up 15%. Above all, it has sharply reduced its debt, to 528 million euros, against nearly 2 billion in 2012.

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