In March 2007 Talgo sold its Finnish rolling stock manufacturing subsidiary Talgo Oy to its local management and other Finnish investors. The company, which Talgo had owned for only seven years, reverted to its previous name of Transtech Oy. The company spends 10 to 12 percent of revenues on research and development, but the main revenue source is the Spanish railway operator Renfe.
Talgo made an initial public offering on the Bolsa de Madrid in May 2015. The IPO valued the company at €1.27 billion.
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