Brussels, July 21, 2025 - Last nights Kern has approved a €61 million loan to Lineas, Europe’s largest private rail freight operator. This financing reflects the company’s strategic role in strengthening industrial and logistical competitiveness in Belgium and across Europe.
The €61 million loan, to be provided via SFPIM1, Belgium’s Sovereign Wealth Fund and a long-term shareholder of Lineas, will enable the company to weather the difficult economic climate in the early months of 2025, marked by a general decline in volumes in the steel, chemicals and automotive sectors across Europe.
This decision reflects the strategic importance of Lineas for Belgium: a key logistics player serving hundreds of industries in relevant sectors of the economy, and an employer of more than 1,500 people. Its operations are fundamental for European supply chains and for the decarbonization of freight transport. (....)