ÄŒD Cargo
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ÄŒD Cargo
ČD Cargo, a.s. (VKM: ČDC) is a state-owned Czech railway operator focused on freight operations. It is a wholly-owned subsidiary of the passenger railway operator České dráhy. History During the 1990s and 2000s, there were substantial efforts to restructure and modernise the railways of the Czech Republic; these included the founding of the railway operator České dráhy (Czech Railways) in January 2003. Seeking to reduce losses and become commercially competitive, various reforms were implemented, which included the centralisation of some activities (such as purchasing and internal stocking) while other activities were outsourced to third parties to increase efficiency; accordingly, employee headcount was reduced while new technologies were introduced. For the second phase of this restructuring, on 1 December 2007, České dráhy spun off its freight operations into the newly established subsidiary ČD Cargo. At the time of its creation, the value of transferred long term ...
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Prague
Prague ( ; ) is the capital and List of cities and towns in the Czech Republic, largest city of the Czech Republic and the historical capital of Bohemia. Prague, located on the Vltava River, has a population of about 1.4 million, while its Prague metropolitan area, metropolitan area is home to approximately 2.3 million people. Prague is a historical city with Romanesque architecture, Romanesque, Czech Gothic architecture, Gothic, Czech Renaissance architecture, Renaissance and Czech Baroque architecture, Baroque architecture. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV, Holy Roman Emperor, Charles IV (r. 1346–1378) and Rudolf II, Holy Roman Emperor, Rudolf II (r. 1575–1611). It was an important city to the Habsburg monarchy and Austria-Hungary. The city played major roles in the Bohemian Reformation, Bohemian and the Protestant Reformations, the Thirty Years' War and in 20th-century history a ...
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