České dráhy

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České dráhy
Type Government-owned (100%)
Industry Railway company
Founded Prague (2003)
Headquarters Prague, Czech Republic
Key people Daniel Kurucz
Revenue Decrease 33 billion CZK (2013)[1]
Net income Decrease -2 billion CZK (2013)[1]
Total assets Increase 86 billion CZK (2013)[1]
Total equity Decrease 38 billion CZK (2013)[1]
Employees Decrease 25,043 (2013)[1]
Subsidiaries ČD Cargo
Website www.ceskedrahy.cz
Electric multiple unit 680 Pendolino at Prague main station
Czech motorized regional unit - Regionova

České dráhy (ČD) or Czech Railways is the main railway operator in the Czech Republic. In 2013 its consolidated revenues reached CZK 33 billion.[1] Revenues from passenger transport amounted to CZK 20 billion (64% transfer payments from the government, 25% intrastate transport, 11% international transport), revenues from freight transport operated by subsidiary ČD Cargo amounted to CZK 13 billion.[1] With twenty-five thousand employees[1] ČD Group is the fifth largest Czech company by the number of employees.[2] Liabilities of ČD Group increased from CZK 19 billion at the end of 2006 to CZK 48 billion at the end of 2013.[1][3]

The company was established in 1993, after the dissolution of Czechoslovakia as a successor of the Czechoslovak State Railways. It is a member of the International Railway Union (UIC Country Code for Czech Republic is 54), Community of European Railways and the Organization for Railways Cooperation (Asia and Europe).

Until 1 July 2008, České dráhy was the biggest employer in the Czech Republic.[4] After experiencing regular losses and requiring government subsidies.,[5] the railway reported its first ever "profit" in 2007[6] although it receives government subsidies.[7] Attempts to make it more efficient are currently ongoing and a recent plan to move passenger transport to an independent subsidiary was approved by the Czech government in January 2008.[8]

ČD operates trains; fixed infrastructure (such as tracks) is managed by SŽDC. In December 2010, the Czech government proposed bringing SŽDC and ČD together in a single holding company. The government has also changed the subsidies available to ČD and SŽDC.[7]

Statistics (2009)[edit]

  • 9,412 km of railway lines controlled by ČD, of which 3,210 km is electrified track and 1,906 km is double- and multiple-track[9]
  • 168.8 million passengers carried[9]
  • 6,907 million passenger-kilometres[9]
  • 76.723 million tonnes of goods carried[9]
  • 13,592 million tonne-kilometres[9]

History[edit]

České dráhy is the result of more than 160 years of railway history in the Czech lands. Many of the railroads were narrow gauge.[10] Historic milestones include:

Freight services[edit]

ČD Cargo, the cargo subsidiary, mainly transports raw materials, intermediate goods and containers. As of 2009, it is ranked in the top five largest railway cargo operators in Europe.[13]

Rolling stock[edit]

  • 2,726 tractive vehicles, of which 856 are electric locomotives and trainsets[9]
  • 27,416 freight cars[9]
  • 3,605 passenger cars[9]

See also[edit]

References[edit]

  1. ^ a b c d e f g h i Annual Report of České dráhy, a.s. for the Year 2013, auditor Deloitte Audit s.r.o., available at http://www.ceskedrahy.cz/for-investors/financial-reports/annual-reports/-11021/
  2. ^ ČD Group (České dráhy, a.s. with its consolidated subsidiaries)
  3. ^ Annual report of České dráhy for 2006, assets CZK 54,4 billion, ownership equity CZK 35,7 billion
  4. ^ PhDr. Zbyněk Zlinský. "SŽDC provozovatelem dráhy". Retrieved 2008-07-01. 
  5. ^ "Annual Report of České Dráhy Group for the Year 2005 (p. 10)". 
  6. ^ "Czech Railways Posts First Profit Ever". Prague Daily Monitor. 2008-01-14. Archived from the original on 2008-01-18. Retrieved 2008-01-25. 
  7. ^ a b "Railway Gazette: Reform looks to cut costs". Retrieved 2010-12-27. 
  8. ^ Handl, Erich. "Government Approves Splitting off Passenger Transport from Czech Railways". Czech Business Weekly. Archived from the original on 2008-01-19. Retrieved 2008-01-25. 
  9. ^ a b c d e f g h České dráhy Group Statistical Yearbook 2010, available at http://www.ceskedrahy.cz/pro-investory/financni-zpravy/statisticka-rocenka/-11024/
  10. ^ See Benes, Karel. Zeleznice na Podkarpatske Rusi (Railways of Carpathian Ruthenia). (ISBN 8085884321)
  11. ^ "České dráhy, a.s. - About Us". Archived from the original on 2007-12-13. Retrieved 2008-01-25. 
  12. ^ "Czech Railways to Sell SkyEurope Tickets at Stations". Prague Daily Monitor. 2008-01-24. Archived from the original on 2008-01-29. Retrieved 2008-01-25. 
  13. ^ "ČD Cargo profile on their website". 

External links[edit]