České dráhy

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České dráhy
Type Government-owned (100%)
Industry Railway company
Founded Prague (2003)
Headquarters Prague, Czech Republic
Key people Dalibor Zelený
Revenue Increase 41 billion CZK (2010)[1]
Net income Increase -940 mIllion CZK (2010)[1]
Total assets Increase 76 billion CZK (2010)[1]
Total equity Decrease 42 billion CZK (2010)[1]
Employees Decrease 38,046 (2010)[1]
Subsidiaries ČD Cargo
Website www.ceskedrahy.cz
Czech motorized regional unit - Regionova

České dráhy (ČD) or Czech Railways is the main railway operator in the Czech Republic. In 2010 its consolidated revenues reached CZK 41.0 billion (€1.6bn, $2.1bn).[1][2] Revenues from passenger transport amounted to CZK 18.7 billion (65% transfer payments from the government, 25% intrastate transport, 10% international transport), revenues from freight transport operated by subsidiary ČD Cargo amounted to CZK 11.8 billion, revenues from traffic control invoiced to state-owned railway infrastructure operator SŽDC amounted to CZK 5.2 billion.[1] With thirty-eight thousand employees[1] ČD Group is the largest Czech company by the number of employees.[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)

  • 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

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

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 trainsets[9]
  • 27,416 freight cars[9]
  • 3,605 passenger cars[9]

See also

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Annual Report of České dráhy, a.s. for the Year 2010, auditor Deloitte Audit s.r.o., available at http://www.ceskedrahy.cz/pro-investory/financni-zpravy/vyrocni-zpravy/-11021/
  2. Recalculated using average exchange rates for calendar year 2010 published by the Czech National Bank. CZK/EUR 25.290, CZK/USD 19.111
  3. ČD Group (České dráhy, a.s. with its consolidated subsidiaries) is the largest Czech company by number of employees, but it is not the largest employer. The Ministry of Interior, for example, has more employees.
  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. 7.0 7.1 "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. 9.0 9.1 9.2 9.3 9.4 9.5 9.6 9.7 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

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