Eurostar prepares for reorganisation

11 December 2003
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11 December 2003 | David Arminas

Eurostar, the high-speed train operator between England, France and Belgium, has appointed Mark Moore and Bob Hughes as interim procurement managers ahead of a major purchasing reorganisation.

Changes to procurement will be part of a general management restructuring early next year, when purchasing will take on more responsibilities.

Waterloo-based Eurostar is jointly run by three companies: French national rail operator SNCF, Belgium's SNCB and private UK rail company London and Continental Railways.

The restructuring, known as Project Jupiter, will create the separate and independently run company Eurostar International, still based in London.

SNCF owns all 34 Eurostar locomotives, which are modified versions of its high-speed TGVs.

Under the new company, purchasing responsibilities in the UK will be broadened to include the maintenance role from SNCF, as well as other functions.

Eurostar has a 91 per cent punctuality rate. In the past year, it has increased its share of the London-to-Paris travel market from 61 per cent to 68 per cent.

The opening of the UK section's fast link in September boosted passenger volumes by 15 per cent.

SMdec2003

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