FNM S.p.A. is the holding company of the FNM Group, a major operator in the public transport sector in Italy. Based in Milan, the company focuses on managing rail and bus services primarily within the Lombardy region, serving a large number of commuters and travelers each day.
The group's main activities include the operation of regional railway lines through subsidiaries like Trenord, as well as road transport and infrastructure development. In recent years, FNM has been actively investing in sustainable mobility technologies, particularly hydrogen-powered trains and buses, to reduce environmental impact and support the transition to cleaner energy sources.
Ownership of FNM S.p.A. involves significant participation from public entities, including the Lombardy regional government, reflecting its role as a strategic asset for regional connectivity. The company is listed on the Milan stock exchange and maintains a position as one of the leading providers of integrated transport solutions in northern Italy.
Through partnerships and European funding initiatives, FNM contributes to the development of innovative mobility projects that enhance efficiency and sustainability in the transport industry. Its operations are centered in Italy but align with broader EU goals for green transportation.
Also known as Ferrovie Nord Milano and Gruppo FNM.
Financing supports hydrogen projects for rail and road to accelerate decarbonisation; backed by InvestEU and SACE guarantee; 15‑year tenor with 3‑year pre‑amortisation and 36‑month availability.
