In the coming years, European railway systems will have to manage the coexistence of at least three major gauge systems —the international, the Russian, and the Spanish— while working towards harmonising standards by adopting the highest and most efficient ones. Talgo faces huge growth opportunities, but significant investment is needed to ensure the company’s survival and its ability to deliver quality service and products. Talgo needs a strong and reliable international partner. This is a matter of national interest —not just for Spain and Germany, but, given current geopolitics, for the broader interests of the European Union.