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ProRail
ProRail () is a Dutch government organisation responsible for the maintenance and extension of the national railway network infrastructure (not the metro or tram), the allocation of rail capacity, and controlling rail traffic. Prorail is a part of NS Railinfratrust, the Dutch railway infrastructure owner. Its Utrecht headquarters is in the former offices of Nederlandse Spoorwegen (known as ''De Inktpot'', "The Inkwell"), the largest brick building in the Netherlands. The building currently features a "UFO" on its facade resulting from an art program in 2000. History The creation of ProRail can be traced back to policies of the Dutch government implemented during the 1990s; it was decided that rail operations should be reorganised, and that the private sector should have a greater involvement in their operations, in order to improve operations. In 1998, the first outsourced small-scale maintenance operations took place. Despite this direction, government ownership of the nati ...
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NS Railinfratrust
The Railinfratrust Company (RIT) is the owner of the rail infrastructure in the Netherlands. ProRail B.V. is the part of RIT that takes care of maintenance and extension of the national railway network infrastructure, of allocating rail capacity, and of traffic control. NS Railinfratrust is a government agency but is not the same company as Nederlandse Spoorwegen. NS Railinfratrust consists of the following infrastructure management organisations: ''Railinfrabeheer'' (Rail Infrastructure Management, RIB); ''Railned'' (railway capacity allocation) (planning more than 52 hours before the day of the train service); ''Railverkeersleiding'' (Traffic Control) (planning from 52 hours before the day of the train service) History NS Railinfratrust Ltd was founded as a result of the separation of track and trains in 1995. It is the holding company of the three organisations NS Railinfrabeheer (RIB), Railned and NS Verkeersleiding (NSVL). These three NS-organisations work for the Ministr ...
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Utrecht De Inktpot September 2003
Utrecht ( ; ; ) is the List of cities in the Netherlands by province, fourth-largest city of the Netherlands, as well as the capital and the most populous city of the Provinces of the Netherlands, province of Utrecht (province), Utrecht. The municipality of Utrecht is located in the eastern part of the Randstad conurbation, in the very centre of mainland Netherlands, and includes Haarzuilens, Vleuten and De Meern. It has a population of 376,435 as of . Utrecht's ancient city centre features many buildings and structures, several dating as far back as the High Middle Ages. It has been the religious centre of the Netherlands since the 8th century. In 1579, the Union of Utrecht was signed in the city to lay the foundations for the Dutch Republic. Utrecht was the most important city in the Netherlands until the Dutch Golden Age, when it was surpassed by Amsterdam as the country's cultural centre and most populous city. Utrecht is home to Utrecht University, the largest university ...
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Ministry Of Finance (Netherlands)
The Ministry of Finance (; FIN) is the Dutch Ministry responsible for economic policy, monetary policy, fiscal policy, tax policy, incomes policy, financial regulation, the government budget and the financial market. The Ministry was created in 1798 as the Department of Finance of the Batavian Republic. It became the Ministry of Finance in 1876. The Minister of Finance () is the head of the Ministry and a member of the Cabinet of the Netherlands. The current Minister is Eelco Heinen. History The ministry was founded in 1798. In the early history of the ministry, the Prime Minister often served as Minister of Finance. Pieter Philip van Bosse served as Minister of Finance five times. Since 1965 a State Secretary has been appointed each formation with responsibility for taxation. The most recent Prime Minister to serve as his own Minister of Finance was Jelle Zijlstra (1966–67). Responsibilities The ministry has the duty to "guard the treasury and aim for a financially soun ...
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Nederlandse Spoorwegen
(, , NS ) is the principal passenger railway operator in the Netherlands. It is a Dutch state-owned company founded in 1938. The rail infrastructure is maintained by network manager ProRail, which was split off from NS in 2003. Freight operator NS Cargo merged with DB Cargo in 2000. NS runs 4,800 scheduled domestic trains a day, serving 1.1 million passengers. The NS also provides international rail services from the Netherlands to other European destinations and carries out concessions on some foreign rail markets through its subsidiary Abellio (transport company), Abellio. History Early years World War I caused an economic downturn in the Netherlands that caused the two largest Dutch railway companies, Hollandsche IJzeren Spoorweg-Maatschappij (HSM) and Maatschappij tot Exploitatie van Staatsspoorwegen (SS), to become unprofitable. The companies avoided bankruptcy by integrating their operations, which was complete by 1917. The cooperation was for both economic and i ...
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Rail Transport
Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in railway track, tracks, which usually consist of two parallel steel railway track, rails. Rail transport is one of the two primary means of land transport, next to road transport. It is used for about 8% of passenger and rail freight transport, freight transport globally, thanks to its Energy efficiency in transport, energy efficiency and potentially high-speed rail, high speed.Rolling stock on rails generally encounters lower friction, frictional resistance than rubber-tyred road vehicles, allowing rail cars to be coupled into longer trains. Power is usually provided by Diesel locomotive, diesel or Electric locomotive, electric locomotives. While railway transport is capital intensity, capital-intensive and less flexible than road transport, it can carry heavy loads of passengers and cargo with greater energy efficiency and safety. Precursors of railways driven by human or an ...
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VolkerRail
VolkerRail is a specialist railway infrastructure services company based in Doncaster, England, providing services across the United Kingdom and Ireland. It is wholly owned by Netherlands-based VolkerWessels, a multi-disciplinary construction and civil engineering group. History VolkerRail began life as a British Steel subsidiary known as Grant Lyon Eagre Ltd. The company can trace their roots as a contractor in the industry right back to 1935. In 1996 Grant Lyon Eagre Ltd teamed up with Railbouw, based on their existing partnerships, specifically the track renewal works for the London Underground, and became GrantRail. The company continued to expand and formed various subsidiaries; GrantPlant Ltd, GrantRail Signalling Ltd, GrantRail Power Ltd, ALH Rail Coatings Ltd, and GrantWeld Ltd established in 2002. In September 2006 GrantRail also acquired Matrix Power Ltd, which specialised in electrical and power sectors and could privde support for the Power side of the business. ...
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Subsidy
A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or competitive. Subsidies not only promote long term economic stability but also help governments to respond to economic shocks during a recession or in response to unforeseen shocks, such as the COVID-19 pandemic. Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity. Here, subsidies act as an effective financial aid issued when t ...
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Strike Action
Strike action, also called labor strike, labour strike in British English, or simply strike, is a work stoppage caused by the mass refusal of employees to Working class, work. A strike usually takes place in response to employee grievances. Strikes became common during the Industrial Revolution, when Labour economics, mass labor became important in factories and mines. As striking became a more common practice, governments were often pushed to act (either by private business or by union workers). When government intervention occurred, it was rarely neutral or amicable. Early strikes were often deemed unlawful conspiracies or anti-competitive cartel action and many were subject to massive legal repression by state police, federal military power, and federal courts. Many Western nations legalized striking under certain conditions in the late 19th and early 20th centuries. Strikes are sometimes used to pressure governments to change policies. Occasionally, strikes destabilize the r ...
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Government Agency
A government agency or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government (bureaucracy) that is responsible for the oversight and administration of specific functions, such as an Administration (government), administration. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or Ministry (government department), ministry, and other types of public body established by government. The functions of an agency are normally executive in character since different types of organizations (''such as commissions'') are most often constituted in an advisory role — this distinction is often blurred in practice however, it is not allowed. A government agency may be established by either a national government or a state government within a federal system. Agencies can be established by legislation or by executive powers. The autonomy, indep ...
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ASSET Rail
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. ''Total assets'' can also be called the ''balance sheet total''. Assets can be grouped into two major classes: tangible assets and inta ...
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