Ferrocarriles Vascongados
Ferrocarriles Vascongados was a railway company in the Basque Country, Spain; founded in 1906 as the merger of three railway companies. It operated the Bilbao-San Sebastián line, as well as the and the . FEVE took over its operations in 1972, which in 1982 were transferred to the new company Basque Railways. Ferrocarriles Vascongados was dissolved in 1995, after more than two decades without activity. History Ferrocarriles Vascongados was founded in 1906 with the merger of three different companies: * . It operated the Bilbao- line, opened in 1882; as well as the Durango-Elorrio branchline, opened in 1905. * . Its line, running from Durango to Zumarraga, opened in phases between 1887 and 1889. It also owned the San Pedro de Carquízano (Elgoibar) branch. * . Opened in phases between 1893 and 1901, it ran from Elgoibar to San Sebastián. Although the three companies were independent, they had numerous shareholders in common and overlapping interests. After long negotiatio ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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