Hamburger Hochbahn

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Hamburg Hochbahn
Type	public
Founded	1911
Founder	Siemens & Halske and AEG (Allgemeine Elektricitäts-Gesellschaft)
Headquarters	Hamburg, Germany
Area served	Hamburg
Services	Public transport
Owner	Free and Hanseatic city of Hamburg (100%)
Employees	4,300
Subsidiaries	BeNex plc metronom Eisenbahngesellschaft (25.1%) ...
Website	http://www.hochbahn.de/

Hamburger Hochbahn AG or HHA is a company operating the underground system and large parts of the bus system in Hamburg, Germany.

1 History
2 Operations
- 2.1 Subsidiaries
3 Notes
4 External links

[edit] History

On May 27, 1911 the company was founded by Siemens & Halske and AEG as a consortium. Since 1912 it is the private holder of the new build railway. The first chairman was Albert Ballin ^[1]

In 1965 the company was one of the founders of the Hamburger Verkehrsverbund.

Section translated from Hamburg Hochbahn

[edit] Operations

HHA operate about 120 bus lines in Hamburg and the three underground lines that currently exist in Hamburg. In spite of the "U" for "underground", large portions of the net, especially outside the inner city run on the surface. Some parts of the underground, notably along the banks of River Elbe in the city, are elevated above the ground (hence the name "Hochbahn" for "elevated railways").

HHA is the second largest public transport operator in Germany and the major partner in the Hamburger Verkehrsverbund.^{[citation needed]}

[edit] Subsidiaries

BeNEX plc. (website) is the holding company for public transport corporations outside of Hamburg. BeNex owns railway and bus companies. In August 2007, the Australian investment firm Babcock & Brown (website) acquired 49% of BeNEX. ^[2]

Through BeNEX the Hamburger Hochbahn owns 25.1% of the metronom Eisenbahngesellschaft, a company operating commuter railway trains in northern Germany. nordbahn railway company (website (German)), riding the railway line Neumünster - Bad Segeberg - Bad Oldesloe in Schleswig-Holstein is owned in joint venture with the AKN railway company. Among others there are also the Ostdeutsche Eisenbahn Eastgerman railroag plc (website (German)) and the Cantus Verkehrsgesellschaft, both are also joint ventures with other corporations.

[edit] Notes

^ Joachim Häger, „Hammonia und ihre U-Bahn“, Hamburg 1986, ISBN 3-7672-9967-4
^ Babcock & Brown steigt bei BeNEX ein BeNEX press release (August 15, 2007) Retrieved on June 10, 2008 (German)