České dráhy
 |
|
| Government-owned (100%) | |
| Industry | Railway company |
| Founded | Prague (2003) |
| Headquarters | Prague, Czech Republic |
|
Key people
|
Pavel Krtek |
| Revenue |  33 billion CZK (2013)[1] |
| -2 billion CZK (2013)[1] |
|
| Total assets |  86 billion CZK (2013)[1] |
| Total equity | 38 billion CZK (2013)[1] |
|
Number of employees
|
24,163 (2014)[2] |
| Subsidiaries | ČD Cargo |
| Website | www.ceskedrahy.cz |
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České dráhy (ČD) or Czech Railways is the main railway operator in the Czech Republic. In 2014 its consolidated revenues reached CZK 33 billion.[2] Revenues from passenger transport amounted to CZK 21 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 12 billion.[2] With twenty-four thousand employees[2] ČD Group is the fifth largest Czech company by the number of employees.[3] The liabilities of ČD Group increased from CZK 19 billion at the end of 2006 to CZK 51 billion at the end of 2014.[2][4]
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 the Czech Republic is 54), Community of European Railways and the Organization for Railway Cooperation (Asia and Europe).
Until 1 July 2008, České dráhy was the biggest employer in the Czech Republic.[5] After experiencing regular losses and requiring government subsidies.,[6] the railway reported its first ever profit in 2007[7] while still receiving government compensations.[8] 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.[9]
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.[8]
Contents
Statistics (2009)
- 9,412 km of railway lines operated by ČD, of which 3,210 km is electrified track and 1,906 km is double- and multiple-track[10]
- 168.8 million passengers carried[10]
- 6,907 million passenger-kilometres[10]
- 76.723 million tonnes of goods carried[10]
- 13,592 million tonne-kilometres[10]
History
České dráhy is the result of more than 160 years of railway history in the Czech lands. Historic milestones include:
- 1828: first horse-drawn railway in continental Europe: České Budějovice - Linz
- 1839: first steam-hauled railway: Vienna - Břeclav
- 1903: first standard gauge electrified railway track
- 1918: foundation of Československé státní dráhy (ČSD or CSD) (English: Czechoslovak state railways)
- 1991: first EuroCity (EC) trains run on ČSD railways
- 1993: foundation of České dráhy (ČD or CD) after breakup of Czechoslovakia
- 1993: started renovation of Pan-European railway corridors
- 1994: started truck transportation ("RoLa") on ČD railways from Lovosice to Dresden (stopped in 2004)
- 2003: founding of České dráhy (Czech Railways), joint-stock company[11]
- 2005: Pendolino tilting trains enter regular service
- 2007: freight transport moved into subsidiary company ČD Cargo
- 2008: creation of ČD Sky, an alliance between České dráhy and the airline SkyEurope.[12] SkyEurope, which was heavily indebted, went bust in August 2009.
- 2014: first "ČD Railjet" with passengers runs in the Czech Republic
Freight services
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
- 2,726 tractive vehicles, of which 856 are electric locomotives and train-sets[10]
- 27,416 freight cars[10]
- 3,605 passenger cars[10]
See also
References
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- ↑ 1.0 1.1 1.2 1.3 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/
- ↑ 2.0 2.1 2.2 2.3 2.4 Annual Report of České dráhy, a.s. for the Year 2014, auditor Deloitte Audit s.r.o.
- ↑ ČD Group (České dráhy, a.s. with its consolidated subsidiaries)
- ↑ Annual report of České dráhy for 2006, assets CZK 54,4 billion, ownership equity CZK 35,7 billion
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- ↑ 10.0 10.1 10.2 10.3 10.4 10.5 10.6 10.7 České dráhy Group Statistical Yearbook 2010, available at http://www.ceskedrahy.cz/pro-investory/financni-zpravy/statisticka-rocenka/-11024/
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