Fret SNCF, France’s leading rail freight company, will be restructured into two new entities—Hexafret for goods transport and Technis for locomotive maintenance—on January 1, 2025. This change is part of a negotiated plan with the European Commission to prevent potential liquidation after an investigation into illegal state aid. As a result, approximately 500 jobs will be cut, representing 10% of the workforce, though all employees are expected to be transferred within the rail group. Despite the challenges, the SNCF aims to adapt and grow economically in this new landscape.