EUROFIMA’s mission is to support the development of rail transportation in Europe and to support the railways which are its shareholders, as well as other railway bodies, in renewing and modernizing their equipment.
EUROFIMA finances railway equipment through borrowings or equity capital. EUROFIMA secures title to or obtains security interests deemed equivalent (in particular pledges) on or in respect of equipment. The general principles of EUROFIMA’s activity are defined in an agreement (the “Basic Agreement”) between the railways and EUROFIMA. The Basic Agreement remains valid for the entire duration of EUROFIMA’s existence and can only be altered with the consent of all the railways and EUROFIMA. EUROFIMA’s equity is primarily used for investments in liquid assets and, to a limited extent, for equipment financing contracts.