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Line 23: EUROFIMA was established on November 20, 1956, by an international treaty between sovereign States (“Contracting States”). Initially founded for a period of 50 years, its mandate was extended until 2056 following a decision by the General Assembly in 1984.<ref name=":0">{{Cite web |title=EUROFIMA European Company for the Financing of Railroad Rolling Stock {{!}} UIA Yearbook Profile {{!}} Union of International Associations |url=https://uia.org/s/or/en/1100000235 |url-access=limited |access-date=2024-06-17 |website=UIA Global Civil Society Database}}</ref> Despite its name, the non-profit has no affiliation to the [[European Union]], unlike peer entities such as the [[European Investment Bank]].<ref name=":6">{{Cite web |last= |first= |date=2024-02-19 |title=UK urged to join Eurofima to facilitate access to cheaper rolling stock finance |url=https://www.railwaygazette.com/uk/uk-urged-to-join-eurofima-to-facilitate-access-to-cheaper-rolling-stock-finance/65932.article |access-date=2024-06-21 |website=Rail Business UK |language=en}}</ref> == Shareholders == EUROFIMA’s shareholders include [[Railway operator|railway operators]] and infrastructure managers from its Contracting States or the states themselves. The current shareholders comprise 26 organizations from 25 European countries.<ref>{{Cite journal |last=Office of Legal Affairs |first=United Nations |date= |title=Treaty Series 2492 - No. 5425. Multilateral |url=https://www.un-ilibrary.org/content/books/9789210551045s002-c007 |format=PDF |journal=Treaty Series |language=en, fr |pages=25–37 |doi=10.18356/ab0c05fe-en-fr |access-date=2024-06-21 |website=}}</ref> The following table provides a breakdown of shareholders and their respective contributions to the registered share capital. Line 144: == Impact of Market Liberalization == As a result of the [[Fourth Railway Package|liberalization of European rail markets]] under successive legislative packages, the rail market structure is changing. This change is giving rise to more complex operating and contracting models, with subnational entities emerging as major rolling stock owners in countries such as the [[United Kingdom]], [[Germany]], and [[France]], with potential expansion to other countries.<ref name=":6" /> In 2018, EUROFIMA's statutes were amended to clarify conditions for public transport authorities and private transport operators to become shareholders or access loans, with an emphasis on public service contracts. These changes allow local or regional government guarantees in lieu of [[State guarantee|state guarantees]].<ref>{{Cite web |last=Kingsley |first=Nick |date=2024-04-22 |title=Interview: Eurofima adapts to a changing market |url=https://www.railwaygazette.com/in-depth/interview-eurofima-adapts-to-a-changing-market/66347.article |url-access=subscription |access-date=2024-06-21 |website=Railway Gazette International |language=en}}</ref> [[File:Infographic-operations-EUROFIMA.png|center|500x500px|frameless]] Line 176: |2024-05-31 |[[Belgium]] |EUR 60.9 million provided for the refinancing of 30 [[National Railway Company of Belgium|SNCB]] M6 double-deck coaches originally financed in 2007-2008.<ref>{{Cite web |last= |first= |date=2024-05-31 |title=Railway supply industry news round-up |url=https://www.railwaygazette.com/business/railway-supply-industry-news-round-up/66631.article |access-date=2024-06-21 |website=Railway Gazette International |language=en}}</ref> |- |2024-01-08 | |||