Rail transport in Italy high-speed train was the Italian ETR 200, which in July 1939 went from Milan to Florence at , with a top speed of . With this service, the railway was able to compete with the upcoming airplanes. The Second World War stopped these services. After the Second World War, Italy started to repair the damaged railways, and built nearly of new tracks. Nowadays the rail tracks and infrastructure are managed by Rete Ferroviaria Italiana (RFI), while the train and the passenger section is managed mostly by Trenitalia. Both are Ferrovie dello Stato (FS) subsidiaries, once the only train operator in
TrainOSE Fund has been the sole shareholder of the corporation since April 2013. In July 2013, Hellenic Republic Asset Development Fund launched an international tender for the privatisation of TrainOSE. Italian state railway group Ferrovie dello Stato Italiane submitted the only binding offer for a 100% stake in Greece’s national passenger and freight train operator TrainOSE, the Hellenic Republic Asset Development Fund announced on July 6, 2016. On July 14, 2016, the privatisation agency accepted Ferrovie dello Stato Italiane's offer, worth 45 million euros, to buy 100% of TrainOSE. TrainOSE's shares were completely transferred on 14 September 2017, and is currently