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Green Cargo
Green Cargo AB is a Swedish state-owned logistics company that transports various types of goods by train. It was created on 1 January 2001 out of the logistics division of Swedish State Railways (SJ). While organised as a public limited company, it is wholly owned by the Swedish government. As of 2019, it was responsible for almost 80% of Swedish rail freight transport. Activities While Green Cargo has traditionally been oriented towards serving the Swedish market, via partnerships with other rail freight companies, international freight trains in the European market are also operated. In January 2022, Green Cargo announced that it was restructuring its international operations to simplify operations, reduce costs, and reduce transit times. Changes included the subcontracting of its ''Denmark Direct'' service to DB Cargo Scandinavia for increased capacity, while the ''Italy Direct'' and ''Austria Direct'' services were rerouted to run via Denmark instead of tradition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's share ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo
The Volvo Group (; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks with its subsidiary Volvo Trucks. Volvo was founded in 1927. Initially involved in the automobile industry, Volvo expanded into other manufacturing sectors throughout the twentieth century. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Gothenburg, Sweden. The corporation was first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Start-stop System
A start-stop system (also referred to as idling stop or micro hybrid) is a technology that automatically shuts down and restarts a vehicle's internal combustion engine to reduce idle time, with the aim of lowering fuel consumption and emissions. The system is most beneficial in urban environments, where vehicles frequently stop and start, such as at traffic lights or in congestion.Johnson Controls expands global production of Start-Stop batteries to meet rising automaker demand Johnson Controls Press release, September 16, 2015 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Softronic Transmontana
Softronic Transmontana is a six-axle electric locomotive An electric locomotive is a locomotive powered by electricity from overhead lines, a third rail or on-board energy storage such as a Battery (electricity), battery or a supercapacitor. Locomotives with on-board fuelled prime mover (locomotive), ... for freight trains, produced by the Romanian locomotive producer . History The first machine of this type was delivered in 2010. Users It is used for freight train operation by operators based in Austria, Hungary, Romania, Sweden, Slovakia. References Standard-gauge locomotives of Austria Standard-gauge locomotives of Hungary Standard-gauge locomotives of Romania Standard-gauge locomotives of Sweden 15 kV AC locomotives 25 kV AC locomotives Co′Co′ locomotives Electric locomotives of Romania Electric locomotives of Sweden Co′Co′ electric locomotives of Europe Railway locomotives introduced in 2010 {{Electric-loco-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alpha Trains
Alpha Trains is a rolling stock leasing company operating in the European Union and European Free Trade Association (EFTA) regions of mainland Europe. It was created as ''Angel Trains International'' as a spin-off from the British rolling stock leaser Angel Trains in August 2008; as such, its former continental European assets were reallocated to this newly created entity. In January 2010, the ''Alpha Trains'' branding was adopted by the company. Through the 2010s, the company expanded its presence with a series of acquisitions, buying up rolling stock of the Royal Bank of Scotland (RBS) and Société Générale. New-build locomotives and multiple units were also bought in from manufacturers such as Stadler Rail and Alstom, while existing assets were subject to retrofits to improve their capabilities. Between 2019 and 2021, the ownership of Alpha Trains underwent a series of changes; while the Arcus European Infrastructure Fund and AMP Capital sold their shares to APG, the Pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lease
A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use. The term rental agreement can refer to two kinds of leases: * A lease in which the asset is tangible property. Here, the user '' rents'' the asset (e.g. land or goods) ''let out'' or ''rented out'' by the owner (the verb ''to lease'' is less precise because it c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombardier Traxx
Alstom Traxx (sold as Bombardier TRAXX before 2021) is a modular product platform of mainline diesel-electric and electric locomotives. It was produced originally by Bombardier Transportation and later Alstom, and was built in both freight and passenger variants. The first version was a dual-voltage AC locomotive built for German railways from the year 2000. Later types included DC versions, as well as quadruple-voltage machines, able to operate on all four electrification schemes commonly used in Europe. The family was expanded in 2006 to include diesel-powered versions. Elements common to all variants include steel bodyshells, two bogies with two powered axles each, three-phase asynchronous induction motors, cooling exhausts on the roof edges, and wheel disc brakes. The TRAXX brand name itself was introduced in 2003. The acronym stands for ''Transnational Railway Applications with eXtreme fleXibility''. With the takeover of Bombardier Transportation by Alstom in January 2021 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombardier Transportation
Bombardier Transportation was a Canadian rolling stock and rail transport manufacturer, with headquarters in Toronto and Berlin. It was one of the world's largest companies in the rail vehicle and equipment manufacturing and servicing industry. Bombardier Transportation had many regional offices, production and development facilities worldwide. It produced a wide range of products including Passenger car (rail), passenger rail vehicles, locomotives, bogies, Ground propulsion, propulsion and controls. In February 2020, the company had 36,000 employees, and 63 manufacturing and engineering locations around the world. Formerly a Division (business), division of Bombardier Inc., the company was acquired by French manufacturer Alstom on 29 January 2021. History 20th century 1970s: Formation and first orders Canadian company Bombardier Inc. entered the rail market in 1970 when it purchased Bombardier Transportation Austria GmbH, Lohner-Rotax of Austria. While Lohner built trams, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Locomotive
An electric locomotive is a locomotive powered by electricity from overhead lines, a third rail or on-board energy storage such as a Battery (electricity), battery or a supercapacitor. Locomotives with on-board fuelled prime mover (locomotive), prime movers, such as diesel engines or gas turbines, are classed as Diesel–electric powertrain, diesel–electric or turbine–electric powertrain, gas turbine–electric and not as electric locomotives, because the electric generator/motor combination serves only as a Transmission (mechanics), power transmission system. Electric locomotives benefit from the high efficiency of electric motors, often above 90% (not including the inefficiency of generating the electricity). Additional efficiency can be gained from regenerative braking, which allows kinetic energy to be recovered during braking to put power back on the line. Newer electric locomotives use AC motor-inverter drive systems that provide for regenerative braking. Electric loco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SJ Rc
The Rc class is the most used electric locomotive in Sweden. Built by Allmänna Svenska Elektriska Aktiebolaget (ASEA), the Rc is a universal locomotive used both in freight and passenger trains. The largest operator is Green Cargo, although SJ, Tågab, Hector Rail and Banverket operate it as well. Previous operators include Veolia Transport. History The Rc-model emerged from ASEA in the 1960s. It first appeared in 1967 to replace the older D-locomotives. Notably, ASEA facility manager and head engineer Tore Nordin was involved in designing and developing the Rc locomotive at ASEA. The initial Rc models are notable for using thyristors instead of the older relay-based system. As of 2020, Rc-locomotives are still used all over Sweden in both passenger and freight lines, although on passenger trains they are slowly being replaced by new EMU, such as ER1. Versions Altogether, there have been eight versions of the Rc-locomotive in Sweden, including the freight locomotive Rm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, roll forward prior year working papers, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ICA Gruppen
ICA Gruppen AB (; "ICA Group"), founded as Inköpscentralernas aktiebolag (), is a Swedish retailer franchise with a focus on food and health. The group also owns a bank, real estate division and a pharmacy chain. The company was started in 1938, based on a business model which was introduced by Hakonbolagen in 1917. Most of its operations are based in Sweden and the Baltic countries. The company was owned by the participating retailers until 2000 when half of the company was sold to the Dutch retailer Ahold. It acquired a further 10% in 2004. Ahold is prevented by contractual obligation from exercising majority control over ICA. In February 2013, Ahold sold its shares to Hakon Invest for $3.1bn. In May 2013, the company changed name from Hakon Invest AB to ICA Gruppen AB. In November 2021, ICA-handlarnas Förbund together with AMF Pensionsförsäkring AB announced a public offer to acquire all shares of ICA Gruppen. In December 2021, they held more than 90% of all shares and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
