|
Eurostar Group
Eurostar Group is a holding company founded by SNCF Voyageurs, Caisse de dépôt et placement du Québec, SNCB, and Federated Hermes Infrastructure in 2022. It aims at merging the operations of Thalys and Eurostar high-speed rail services between France, United Kingdom, Belgium, Netherlands, and Germany. History In September 2019, Eurostar and Thalys shareholders introduced a plan to merge the two companies, a project named ''Green Speed''. Both companies already operate in France, Belgium, and the Netherlands, with Eurostar also operating in the United Kingdom, and Thalys also operating in Germany, and SNCF already owns a majority stake in both of them. The project aims at reducing costs, and at providing a more seamless experience to passengers, with the use of a single ticketing system and loyalty program. After being delayed by COVID-19 pandemic, the project resumes in October 2021. It is announced that both services would be operated under the ''Eurostar'' brand, the ''T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federated Hermes
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $624 billion of customer assets, as of Sept. 30, 2022. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. History Federated Investors was founded in 1955 by high school classmates John F. Donahue, Richard B. Fisher, and Thomas J. Donnelly. Aetna acquired a majority ownership stake in Federated Investors in 1982; at the time Federated had nearly $30 billion in assets under management. In 1989, Federated management purchased Aetna's stake for $345 million, reestablishing major ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loyalty Program
A loyalty program is a marketing strategy designed to encourage customers to continue to shop at or use the services of a business associated with the program. Today, such programs cover most types of commerce, each having varying features and rewards schemes, including in banking, entertainment, hospitality, retailing and travel. The market approach has shifted from product-centric to a customer-centric one due to a highly competitive market and a wide array of services offered to customers, therefore, it's important that marketing strategies prioritize growing a sustainable business and increasing customer satisfaction. A loyalty program typically involves the operator of a particular program set up an account for a customer of a business associated with the scheme, and then issue to the customer a loyalty card (variously called rewards card, points card, advantage card, club card, or some other name) which may be a plastic or paper card, visually similar to a credit card, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electronic Ticket
An electronic ticket is a method of ticket entry, processing, and marketing for companies in the airline, railways and other transport and entertainment industries. Airline ticket E-tickets in the airline industry were devised in about 1994, and have now largely replaced the older multi-layered paper ticketing systems. Since 1 June 2008, it has been mandatory for IATA members to use e-ticketing. Where paper tickets are still available, some airlines charge a fee for issuing paper tickets. When a reservation is confirmed, the airline keeps a record of the booking in its computer reservations system. Customers can print out or may be provided with a copy of a e-ticket itinerary receipt which contains the record locator or reservation number and the e-ticket number. It is possible to print multiple copies of an e-ticket itinerary receipt. Besides providing itinerary details, an e-ticket itinerary receipt also contains: * An official ticket number (including the airline's 3-digit t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Majority Stake
A controlling interest is an ownership interest in a corporation with enough voting stock shares to prevail in any stockholders' motion. A majority of voting shares (over 50%) is always a controlling interest. When a party holds less than the majority of the voting shares, other present circumstances can be considered to determine whether that party is still considered to hold a controlling ownership interest. In the United States, Delaware corporations have a 2/3 vote requirement for a motion to pass. In theory, this could mean that a controlling interest would have to be over two-thirds of the voting shares. A 2019 study published in the Virginia Law Review said dual-class stock structures, common to newly public technology companies, creates governance risks and costs, including the potential loss of economic value for non-voting shares held by public investors. See also * Consolidation (business) * Holding company * Minority interest * Parent company * Subsidiary A subsidiar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SNCF
The Société nationale des chemins de fer français (; abbreviated as SNCF ; French for "National society of French railroads") is France's national state-owned railway company. Founded in 1938, it operates the country's national rail traffic along with Monaco, including the TGV, on France's high-speed rail network. Its functions include operation of railway services for passengers and freight (through its subsidiaries SNCF Voyageurs and Rail Logistics Europe), as well as maintenance and signalling of rail infrastructure (SNCF Réseau). The railway network consists of about of route, of which are high-speed lines and electrified. About 14,000 trains are operated daily. In 2010 the SNCF was ranked 22nd in France and 214th globally on the Fortune Global 500 list. It is the main business of the SNCF Group, which in 2020 had €30 billion of sales in 120 countries. The SNCF Group employs more than 275,000 employees in France and around the world. Since July 2013, the SNCF Grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
THI Factory
Thalys (French: ) is a French-Belgian high-speed train operator originally built around the LGV Nord high-speed line between Paris and Brussels. This track is shared with Eurostar trains that go from Paris, Brussels or Amsterdam to London via Lille and the Channel Tunnel and with French domestic TGV trains. Thalys also serves Amsterdam (via the HSL-Zuid) and German cities in the Rhein-Ruhr, including Aachen, Cologne, Düsseldorf, Duisburg, Essen and Dortmund. Thalys was created out of a political ambition formalised in October 1987 to establish a network of international high-speed railway services between the cities of Paris, Brussels, Cologne, and Amsterdam. The Thalys name was created in January 1995. The company procured a fleet of Alstom-built TGV trains to operate its services as they were viewed as the only existing rolling stock suitable to the task. On 4 June 1996, the first Thalys-branded train departed Paris, early services were more reliant on slower conventional li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurostar International Limited
Eurostar International LimitedCompanies House extract company no 2462001 Eurostar International Limited formerly Eurostar (UK) Limited formerly European Passenger Services Limited (EIL) is the operating the international train services between , , |
SNCB
french: Société nationale des chemins de fer belgesgerman: Nationale Gesellschaft der Belgischen Eisenbahnen , type = Statutory corporation , industry = Rail Transport , foundation = 1926 , founder = Government of Belgium , location = Avenue de la Porte de Hal/Hallepoortlaan 40 , location_city = 1060 Brussels , key_people = , products = Rail Transport , revenue = €2.296.6 billion (2012) , operating_income = €6.306,5 million (2012) , net_income = € -152.3 million (2012) , num_employees = 34,000 (2016) , parent = , subsid = BeNe Rail EurogareTrain World (BE)SNCB YPTO , location_country = Belgium , homepage = , foot_notes = The National Railway Company of Belgium ( nl, Nationale Maatschappij der Belgische Spoorwegen, or NMBS; french: Société nationale des chemins de fer belges, or SNCB; german: Nationale Gesellschaft der Belgischen Eisenbahnen) is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
