Talgo, S.A. designs, manufactures, and sells rolling stock and maintenance equipment worldwide. It offers very high speed, high speed, and intercity trains; and locomotives. The company also provides maintenance equipment, including underfloor wheel lathes and shunting cars, as well as measuring equipment to railway operators. In addition, it offers maintenance and rolling stock refurbishment services. The company was formerly known as Pegaso Rail International, S.A. Talgo, S.A. was founded in 1942 and is headquartered in Madrid, Spain.