The Trenitalia ETR 700, originally NS Hispeed V250, is a high-speed train designed by Pininfarina and built by AnsaldoBreda originally for NS International and NMBS/SNCB to operate on the Fyra service, a high-speed train between Amsterdam and Brussels with a branch to Breda on the newly built HSL-Zuid in the Netherlands and its extension HSL 4 in Belgium.

Full commercial services with V250 started on 9 December 2012 but stopped only 39 days later on 17 January 2013, after the Belgian Railway Inspection Agency suspended the trains' operating license, because of safety and structural problems with the construction and maintenance of the V250s.

NS International and NMBS/SNCB ordered 19 train sets in 2004[2] for operations between Amsterdam and Brussels and Breda on the HSL-Zuid and HSL 4 high-speed railway lines.

[6] NS International had claimed that the delay of introduction of any trains was due to the lack of a formal ETCS level 2 specification; by March HSA was close to financial ruin due to lack of any income, and a re-organisation of track access charges for the unused HSL-Zuid line had to be arranged with the Dutch government.

[16] The continuous problems with the V250 trains caused a public outcry in both Belgium and the Netherlands, including accusations in the Belgian and Dutch media that only financial considerations were behind the decision to grant the contract to AnsaldoBreda.

[17] On 31 May 2013, the Belgian railway company NMBS/SNCB decided to stop the Fyra project, due to the many technical issues, and safety concerns.

[18] On 3 June 2013, the Dutch national railway company NS announced that it had made a similar evaluation, and expressed its desire to cancel the V250 project.

[21] At a press conference on 6 June 2013, the manufacturer claimed that the trains had been handled poorly by running them too fast (i.e. at maximum commercial speed of 250 km/h (155 mph)) under snow conditions.

[22][23] A report published by the consultancy firm Mott MacDonald showed how the train design was meeting most specifications agreed in the contract, but the manufactured trainsets had technical issues that required up to 17 months to be solved.

[25] Similarly, in May 2014 NMBS/SNCB, AnsaldoBreda and its controlling company Finmeccanica announced that they reached a settlement that confirms the cancellation of the train orders and included a payment of €2.5m to NMBS/SNCB.