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by Innervisio 969 days ago
Correct, but Iryo is a private company, although the railway in Spain is publicly maintained i guess by Renfe. So i believe Iryo should make money, specially (as mentioned in another comment below) it's part of Trenitalia. But i'm definitely not an economist.
1 comments

The public railway infrastructure is maintained by Adif [1], which is owned by the Spanish state.

[1]: https://en.wikipedia.org/wiki/Administrador_de_Infraestructu...