Belgian Railways Make a Fresh Start

The article discusses the reorganization of Belgian National Railways (SNCB) into two separate infrastructure and operations companies according to European Union directives. The new Belgian railway infrastructure company, Infrabel, and the new operating company, SNCB, start debt free as a result of the state taking over the existing debt that will be handles by a new umbrella company, SNCB Holding that will not impinge on either Infrabel or SNCB. SNCB Holding, Infrabel, and SNCB are autonomous public enterprises with their own boards. The overall objective of the new set-up is: that the railway should play a major mobility role by offering customers safe, reliable, punctual, and high quality services while maintaining balanced budgets.

Language

  • English

Media Info

  • Media Type: Print
  • Features: Tables;
  • Pagination: pp 12-13
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 01000654
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 24 2005 9:25PM