The growth of the rail network
For 70 years until the Second World War, the Company built and operated new railway lines. Its success was based on its ability to set up the financing of the projects, to control their implementation and management.
For 70 years until the Second World War, the Company built and operated new railway lines. Its success was based on its ability to set up the financing of the projects, to control their implementation and management.
After the nationalization of the majority of railway lines, the Company has developed for 50 years an activity of construction of railway rolling stock. The first successes were due firstly to the technical innovation of the Asynchro gearbox, then to the implementation of management tools for industrial units, which enabled it to turn around the various units it took over.
For more than 25 years, the Company has diversified its activities to areas other than the railway sector, first as a reference shareholder in the operation of ski resorts, and then for more than 10 years in the field of information technology and technical equipment for industry.
The Soulé railway equipment factory was bankrupt when CFD took it over with a workforce reduced to around twenty people. It was developed under the name CFD Bagnères by delegating responsibility to the former Soulé managers but with CFD methods, which allowed for profitable growth and the workforce grew to over 200 people. In order to give CFD Bagnères even better sustainability and development, CFD sought a high-quality industrial partner and gradually transferred this unit to the Spanish group CAF.
CFD's entrepreneurial spirit is always based on the same principles: mastery of management, adaptation to change, delegation of responsibility, keeping in mind that the success of the whole must be achieved by opting for the best solution for each unit.