|
LKAB Malmtrafik
LKAB Malmtrafik, earlier Malmtrafik i Kiruna AB (''MTAB''), is a Swedish railway company which operates the iron ore freight trains on the Iron Ore Line and the Ofoten Line. MTAB is a wholly owned subsidiary of the mining company Luossavaara–Kiirunavaara (LKAB). In Norway, operations are handled by the subsidiary Malmtrafikk AS (MTAS). Malmtrafik hauls ore from LKAB's mines in Kiruna, Malmberget and Svappavaara to the ports of Luleå and Narvik, the latter located in Norway. The company owns 28 Iore locomotives and 750 hopper cars. Each train is 68 cars long and weighs , allowing the company to transport 33 million tonnes per year. Traditionally the ore hauling had been done by the Swedish State Railways (SJ) and Norwegian State Railways (NSB). In the late 1980s, LKAB started a process to take over operations and increase efficiency by using heavier and longer trains. Because of the profitability in the operations, especially NSB was reluctant to lose the operations. In 1993, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iron Ore Line
The Iron Ore Line ( sv, Malmbanan) is a long railway line between Riksgränsen and Boden in Norrbotten County, Sweden, owned by Trafikverket (the Swedish Transport Administration). The line also contains two branches, from Kiruna to Svappavaara and from Gällivare to Koskullskulle. The term is often colloquially used to also include the Ofoten Line, from Riksgränsen to Narvik in Norway, and the northernmost part of the Main Line Through Upper Norrland from Boden to Luleå. The railway from Narvik to Luleå is long. The line is dominated by the ore freight trains operated by LKAB's subsidiary Malmtrafik from their mines to the Port of Narvik and the Port of Luleå. In addition, SJ operates passenger trains and CargoNet operates container freight trains. The Iron Ore Line is single track, electrified at and has a permitted axle load of . The Swedish part of the line is the northernmost railway in Sweden and the Norwegian part outside Narvik is the northernmost railway in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwegian State Railways (1883–1996)
The Norwegian State Railways ( no, Norges Statsbaner or NSB) was a state-owned railway company that operated most of the railway network in Norway. The government agency/directorate was created in 1883Historisk oversikt Norwegian National Rail Administration to oversee the construction and operation of all state-owned s in . On 1 December 1996, it was to create the infrastructure operator |
Profit Margin
Profit margin is a measure of profitability. It is calculated by finding the profit as a percentage of the revenue. \text = = There are 3 types of profit margins: gross profit margin, operating profit margin and net profit margin. * Gross Profit Margin is calculated as gross profit divided by net sales (percentage). Gross Profit is calculated by deducting the cost of goods sold (COGS) from the revenue, that is all the direct costs. This margin compares revenue to variable cost. It is calculated as: \text = \text - (\text + \text + \text) \text = \text - \text - \text \text = * Operating Profit Margin includes the cost of goods sold and is the earning before interest and taxes ( EBIT) known as operating income divided by revenue. It is calculated as: \text = * Net profit margin is net profit divided by revenue. Net profit is calculated as revenue minus all expenses from total sales. \text = Overview Profit margin is calculated with selling price (or revenue) taken as base t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwegian News Agency
The Norwegian News Agency ( no, Norsk Telegrambyrå; abbreviated NTB) is a Norwegian press agency and wire service that serves most of the largest Norwegian media outlets. The agency is located in Oslo and has bureaus in Brussels in Belgium and Tromsø in northern Norway. NTB operates 24 hours a day, with the night service handled from a bureau in Sydney, Australia since 2015. The photo agency Scanpix is a wholly owned subsidiary of NTB. History and profile NTB was founded in 1867. It is closely held by large media corporations, including Edda Media (26.1%), Schibsted (20.6%), A-Pressen (20.5%), the Norwegian Broadcasting Corporation (10.5%), Adresseavisen ''Adresseavisen'' (; commonly known as ''Adressa'') is a regional newspaper published daily, except Sundays, in Trondheim, Norway. The paper has been in circulation since 1767 and is one of the oldest newspapers after Norske Intelligenz-Seddele ... (7.8%), a few smaller newspapers, TV 2 and P4. 0.5% is owned by the agenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aftenposten
( in the masthead; ; Norwegian for "The Evening Post") is Norway's largest printed newspaper by circulation. It is based in Oslo. It sold 211,769 copies in 2015 (172,029 printed copies according to University of Bergen) and estimated 1.2 million readers. It converted from broadsheet to compact format in March 2005. ''Aftenposten''s online edition is at Aftenposten.no. It is considered a newspaper of record for Norway. ''Aftenposten'' is a private company wholly owned by the public company Schibsted ASA. Norway's second largest newspaper, ''VG'', is also owned by Schibsted. Norwegian owners held a 42% of the shares in Schibsted at the end of 2015. The paper has around 740 employees. Trine Eilertsen was appointed editor-in-chief in 2020. History and profile ''Aftenposten'' was founded by Christian Schibsted on 14 May 1860 under the name ''Christiania Adresseblad''. The following year, it was renamed ''Aftenposten''. Since 1885, the paper has printed two daily editions. A Sund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arbitration
Arbitration is a form of alternative dispute resolution (ADR) that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or 'arbitral tribunal'), which renders the 'arbitration award'. An arbitration decision or award is legally binding on both sides and enforceable in the courts, unless all parties stipulate that the arbitration process and decision are non-binding. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include a waiver of the right to bring a class action claim. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railway Electrification System
A railway electrification system supplies electric power to railway trains and trams without an on-board prime mover or local fuel supply. Electric railways use either electric locomotives (hauling passengers or freight in separate cars), electric multiple units (passenger cars with their own motors) or both. Electricity is typically generated in large and relatively efficient generating stations, transmitted to the railway network and distributed to the trains. Some electric railways have their own dedicated generating stations and transmission lines, but most purchase power from an electric utility. The railway usually provides its own distribution lines, switches, and transformers. Power is supplied to moving trains with a (nearly) continuous conductor running along the track that usually takes one of two forms: an overhead line, suspended from poles or towers along the track or from structure or tunnel ceilings, or a third rail mounted at track level and contacted by a s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norway–Sweden Border
The Norway–Sweden border ( no, Svenskegrensa, sv, Norska gränsen) is a long land national border, and the longest border for both Norway and Sweden. History The border has changed several times because of war. Before 1645, Jämtland, Härjedalen, Idre/Särna parish, and Bohuslän belonged to Norway. The border changes were defined in the Treaty of Brömsebro (1645), the Treaty of Roskilde (1658) and the Treaty of Copenhagen (1660). In 1751 a treaty was signed in Strömstad, defining the border based on field investigations and negotiations done 1738–1751. The border was based on knowledge among local people, mainly which farm belonged to which parish and which parish to which diocese. In the unpopulated mountains, the border mainly followed the water divide. There were disagreements on the parishes of Särna, Idre, Lierne, Kautokeino and Karasjok, which had to be solved by give-and-take. Based on that, in 1752–1765 border cairns were erected between Norway and Sweden i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Riksgränsen
Riksgränsen, ( no, Riksgrensen), ''The National Border'' in Swedish, is a ski-resort in Kiruna Municipality, Lappland, Sweden, 200 km north of the Arctic Circle. The skiing season is from February to June. From end of May the lifts operate under the midnight sun. One of the pistes cross the border to Norway and back to Sweden. No border control there. Riksgränsen is a popular location for the winter testing of pre-production cars by various European manufacturers. Photo-snipers are prevalent, attempting to get the first spy-shots of new models, though their activities are frowned upon by local hoteliers who value the custom of the manufacturers. The same manufacturers frequently use the location for winter launches, bringing journalists from across the world to drive the new cars on snow-covered roads and on courses specially prepared on frozen lakes. File:Riksgr%C3%A4nsen_-_KMB_-_16000300023826.jpg, Riksgränsen, August 1994 File:Riksgränsen,_2020-05-16.jpg, Riksgränse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Krona
The krona (; plural: ''kronor''; sign: kr; code: SEK) is the official currency of the Kingdom of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as means "crown" in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016. One krona is subdivided into 100 ''öre'' (singular; plural ''öre'' or ''ören'', where the former is always used after a cardinal number, hence "50 öre", but otherwise the latter is often preferred in contemporary speech). However, all öre coins were discontinued from 30 September 2010. Goods can still be priced in ''öre'', but all sums are rounded to the nearest krona when paying with cash. The word ''öre'' is ultimately derived from the Latin word for gold (''aurum''). History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LKAB Dm3 In Narvik
Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a government owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s. The iron ore is processed to pellets and sinter fines, which are transported by Iore trains (Malmbanan) to the harbours at Narvik and Luleå and to the steelmill at Luleå (SSAB). Their production is sold throughout much of the world, with the principal markets being European steel mills, as well as North Africa, the Middle East and Southeast Asia. , LKAB has over 4,500 employees in 12 countries. There are iron ore mines, processing plants and ore harbors in northern Sweden and Norway, and a sales office in Germany. LKAB has subsidiaries for industrial minerals with processing plants in Sweden, Finland, the UK, the Netherlands, Turkey and China. Additional subsidiaries are in Germany, the US and Hong Kong as well as representative of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.png "Click for more on -> Iron Ore Line")
