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company guide  Description:                             vantage of the new tools offered by the market, Ineco has pro-

                                                                   moted its own developments for the improvement of railway
                                                                   infrastructures, such as the development of DIGAV, as well
                                                                   as maintaining its presence in major national railway projects
                 A benchmark in engineering and consultancy in the field of
                                                                   such as the inauguration of the Pajares Bypass belonging to
                 sustainable mobility and digital transformation, Ineco has
                                                                   the Madrid-Asturias high-speed line. It has also launched a
                                                                   new project for the creation of the CMS for the railway access
                 been designing comprehensive, innovative and technological
                 solutions for 55 years that have enabled progress to be made
                                                                   branch to the Port of Gijón.
                                                                   In the international context, the company has continued to
                 towards a new, more sustainable and safer mobility model.
                                                                   be present in major railway projects in Europe (implementati-
                 Solutions that contribute directly to improving the quality of
                 life of millions of people.
                                                                   on of ERTMS, high speed in the United Kingdom, Rail Baltica
                                                                   corridor), America (Tren Maya in Mexico, Tren de Colombia,
                 Management team:                                  Panama metro), Israel, where it has been present for 12 years,
                 Presidency:  Sergio Vázquez Torrón. Engineering and Consul-  and Australia, with the commuter trains in Sydney, among
                 tancy General Director: Patricia Rey. National Business Gene-  others. New contracts include the feasibility study for the de-
                 ral Director: Moisés Gilaberte. International Business General   velopment of the Medellín-Bogota railway in Colombia and
                 Director: Ainhoa Zubieta. Organization and Corporate Ser-  the review of the technical standards for the development of
                 vices General Director: Magdalena Bodelón. Corporate Co-  the high-speed railway in Poland together with CPK.
                 ordination Executive Director: Celestino Rodríguez. General
                 Secretary: Alberto Torró. Strategy and Management Control   Collaborative projects: works in which Ineco participates in
                 Director: Daniel Latorre.  Innovation and Product Develop-  coordination with other companies to achieve a common
                 ment Director: Ana Rojo.                          goal.

                 Activity:                                         SHIFT2RAIL Program
                 A reference engineering and consultancy company in sustai-  Shift2Rail is the European Commission’s sectoral program de-
                 nable mobility and digital transformation         dicated to innovation in the railway sector. Ineco participates
                                                                   in it through its Open Calls, of which it has been awarded as
                 Main products and services:                       part of several consortiums.
                 Thanks to its comprehensive, multidisciplinary and technolo-
                 gical approach, Ineco has remained a leading player in Spain   -OPTIMAL (2019-2023)
                 in the railway sector, with a solid track record that began more   Develops several rail traffic control center demonstrators as
                 than 55 years ago. Among the main projects carried out at   specified by the Shift2Rail program. Ineco participates tog-
                 national level are the completion of work on the Pajares rail-  ether with ADIF supporting our shareholder in the implemen-
                 way bypass between Asturias and León, the integration of the   tation of its demonstrator.
                 railway in Valencia, the development of CMS systems for the
                 new railway access branch to the port of Gijón and the con-  HORIZONTE Program 2020
                 tinuation of work on the modernisation and extension of Ato-
                 cha Station. In the international context, Ineco has continued   -RAILGAP (2020-2023)
                 to be present in major projects in Europe (implementation of   It continues the work started with ERSAT GGC and addresses
                 ERTMS, high speed in the United Kingdom, Rail Baltica corri-  the integration of various sensors (GNSS, LIDAR, etc.) to defi-
                 dor), America (Tren Maya in Mexico) and Australia, with the   ne the Ground Truth of the train position. Ineco is leading the
                 Sydney commuter trains.                           ground truth definition work package.

                 Flagship products: ENGINEERING AND CONSULTING: 1. In-  Strategic Line Projects of the State Research Agency (AEI)
                 tegration of the railway in Valencia 2. Medellín-Bogotá Train
                                                                   -SMART BRIDGE (2021-2024)
                 Activities during the year:                       Ineco,  in collaboration  with the  Universities  of Cordoba
                 If there is one thing that has characterised the railway industry   (UCO) and Granada (UGR) presented in May 2021 a proposal
                 in the last year, it has been its clear commitment to research,   with the aim to meet the challenges identified in the strategic
                 innovation and technological development, which has had a   line “Predictive maintenance of infrastructure through intelli-
                 positive impact on the development of the sector. Taking ad-  gent systems” of the call for Strategic Line Projects of the State




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