Trading name : THALYS INTERNATIONAL Statute : Belgian limited liability cooperative... Thalys International's capital is divided up as follows : 62% held by the SNCF, 28% held by the SNCB and 10% held by the DB.
Trading name : THALYS INTERNATIONAL
Statute : Belgian limited liability cooperative
...
Thalys International's capital is divided up as follows :
62% held by the SNCF, 28% held by the SNCB and 10% held by the DB.
Ownership & Structure
Eurostar was owned, when launched, by SNCF, SNCB and British Rail. Prior to the UK rail privatisation, a subsidiary, European Passenger Services (EPS), was created which included British Rail's interest in Eurostar. In June 1996, this was sold to London & Continental Railways (LCR). In October 1996, LCR changed the name to Eurostar UK Ltd (EUKL). EUKL, SNCF and SNCB are each responsible for the running of Eurostar services on their own territory. In 1998, LCR awarded to InterCapital and Regional Rail Ltd (ICRR) a management contract to manage EUKL until 2010. ICRR is a consortium comprising the National Express Group (40% shareholding), SNCF (35% shareholding) SNCB (15% shareholding) and British Airways (10% shareholding). BA is a sleeping partner.
Take that: even the majority of the British operating company is held by two (non-British) state railways... *Lunatic*, n. One whose delusions are out of fashion.
