Ferrovie dello Stato Italiane & Iryo

Ferrovie dello Stato Italiane: Ferrovie dello Stato Italiane is the majority owner of Iryo, the private operator of the train that derailed. The incident could indirectly affect its reputation and investment in Spanish rail.

Iryo: Iryo operated the train that initially derailed, causing the collision. The company has expressed deep regret and is cooperating with authorities, but its reputation and future operations are under intense scrutiny.