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Linx (railway Company)
Linx AB was a railway company which operated inter-Scandinavian passenger trains between 2001 and 2004. Established as a joint venture between the Norwegian State Railways (NSB) and the Swedish state-owned SJ, Linx operated the routes from Oslo, Norway, to Stockholm, Sweden, and from Oslo via Gothenburg, Sweden, to Copenhagen, Denmark. Services were provided up to ten times per day. However, slow speeds caused by curvy infrastructure in Norway, combined with competition from low-cost airlines, caused the company to lose money, and eventually grounded operations. The services were taken over by NSB and SJ. The main rolling stock were eleven X2 electric multiple units, although it used SJ Rc-hauled trains on the Gothenburg–Oslo service. The company was based in Gothenburg. History Linx was established following an informal agreement between the ministers of transport in Norway, Sweden and Denmark to establish high-speed rail connection between the countries' capitals. Linx wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Low-cost Airline
A low-cost carrier or low-cost airline (occasionally referred to as '' no-frills'', ''budget'' or '' discount carrier'' or ''airline'', and abbreviated as ''LCC'') is an airline that is operated with an especially high emphasis on minimizing operating costs and without some of the traditional services and amenities provided in the fare, resulting in lower fares and fewer comforts. To make up for revenue lost in decreased ticket prices, the airline may charge extra fees – such as for carry-on baggage. As of April 2020, the world's largest low-cost carrier is Southwest Airlines, which operates primarily in the United States, as well as in some surrounding areas. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. While the term is often applied to any carrier with low ticket prices and limited services, regardless of their operating models, low-cost carriers should not be confused with regional airli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Østfold Line
The Østfold Line ( no, Østfoldbanen) is a railway line which runs from Oslo through the western parts of Follo and Østfold to Kornsjø in Norway. It continues through Sweden as the Norway/Vänern Line. The northern half is double track and the entire line is electrified. It serves a combination of commuter, regional and freight trains and is the main rail corridor in the south of Norway. The Follo Line runs parallel to the Østfold Line in tunnel. The Eastern Østfold Line branches off at Ski Station and runs before rejoining at Sarpsborg Station. The line opened as the Smaalenene Line () on 2 January 1879. Stations were designed by Peter Andreas Blix. It was the first railway in Norway to predominantly build bridges and viaducts with iron. The line underwent upgrades from 1910 through 1940 in which the section from Oslo to Ski received double track, the permitted weight and speeds were increased and the line was electrified. From 1989 to 1996 the section from Ski to Sandbuk ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Klassekampen
''Klassekampen'' ( en, The Class Struggle) is a Norwegian daily newspaper. It describes itself as "the newspaper of the Left." The paper's net circulation is 34,000 (2021), and it has around 111,000 daily readers on paper (160,000 on Saturdays). This makes it the third largest Norwegian print newspaper, based on readership. Chief editor from 2018 is Mari Skurdal. The paper was initially a part of the young marxist-leninist (maoist) movement in Norway. It started out in early 1969 as a monthly periodical published by "a group of marxist-leninists" with Anders M. Andersen as the first editor. It promoted the positions of the Workers' Communist Party (AKP; founded 1973) and its predecessors. ''Klassekampen'' became a weekly in January 1973, a bi-weekly in January 1976 and finally a daily newspaper as of April 1977. It was the official organ of the AKP until April 1991. Its mission statement now describes itself as "revolutionary socialist." As most Norwegian newspapers it depends o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagens Næringsliv
''Dagens Næringsliv'' (Norwegian for "Today's Business"), commonly known as ''DN'', is a Norwegian newspaper specializing in business news. , it is the third-largest newspaper in Norway. Editor-in-chief is Janne Johannessen, who was appointed in december 2021, as the first female in this position. ''Dagens Næringsliv'' is owned by media conglomerate Norges Handels og Sjøfartstidende (NHST Media Group), which also owns DN Nye Medier, DN.no ''Tradewinds'', ''Upstream'', '' DagensIT'', '' Smartcom'', Nautisk Forlag, ''Intrafish'', '' Fiskaren'', '' Europower'' and ''Recharge''. The paper has correspondents in New York, Brussels, Stockholm, Phuket, Kristiansand, Stavanger, Bergen, Trondheim and Tromsø. Its main editorial offices are in Oslo. History and profile The paper was founded by Magnus Andersen in 1889. Originally named ''Norges Handels og Sjøfartstidende'' (''Norway's Trade and Seafaring Times''), it was renamed ''Dagens Næringsliv'' in 1987. The paper has a neolibe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Share Capital
A corporation's share capital, commonly referred to as capital stock in the United States, is the portion of a corporation's equity that has been derived by the issue of shares in the corporation to a shareholder, usually for cash. "Share capital" may also denote the number and types of shares that compose a corporation's share structure. Definition In accounting, the share capital of a corporation is the nominal value of issued shares (that is, the sum of their par values, sometimes indicated on share certificates). If the allocation price of shares is greater than the par value, as in a rights issue, the shares are said to be sold at a premium (variously called share premium, additional paid-in capital or paid-in capital in excess of par). Commonly, the share capital is the total of the nominal share capital and the premium share capital. Most jurisdictions do not allow a company to issue shares below par value, but if permitted they are said to be issued at a discount or part- ... [...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] |
Osmund Ueland
Osmund Ueland (born 27 September 1947) is a Norwegian civil servant and former CEO of Norges Statsbaner (NSB). An engineer by education, he worked for Aker from 1975 to 1990. From 1990 to 1994 he headed the Lillehammer Olympic Organising Committee (LOOC). In 1994 he was hired as CEO for NSB Gardermobanen; the next year he was promoted to become CEO in the Norwegian State Railways. In 1996 the Norwegian State Railways was demerged to create two entities; Norges Statsbaner and the Norwegian National Rail Administration The Norwegian National Rail Administration ( no, Jernbaneverket) was a government agency responsible for owning, maintaining, operating and developing the Norwegian railway network, including the track, stations, classification yards, traffic m .... Ueland was the director of both, leaving the National Rail Administration in 1999. He was then fired after heavy criticism related to his leadership of NSB in 2000. References 1947 births Living people No ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Verdens Gang
''Verdens Gang'' ("The course of the world"), generally known under the abbreviation ''VG'', is a Norwegian tabloid newspaper. In 2016, circulation numbers stood at 93,883, having declined from a peak circulation of 390,510 in 2002. ''VG'' is nevertheless the most read online newspaper in Norway, with about 2 million daily readers. Verdens Gang AS is a private company wholly owned by the public company Schibsted. History and profile ''VG'' was established by members of the Norwegian resistance movement shortly after the country was liberated from German occupation in 1945. The first issue of the paper was published on 23 June 1945. Christian A. R. Christensen was the first editor-in-chief of ''VG'' from its start in 1945 to 1967 when he died. ''VG'' is based in Oslo. The paper is published in tabloid format. The owner is the media conglomerate Schibsted, which also owns Norway's largest newspaper, ''Aftenposten'', as well as newspapers in Sweden and Estonia and shares in some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-speed Rail
High-speed rail (HSR) is a type of rail system that runs significantly faster than traditional rail, using an integrated system of specialised rolling stock and dedicated tracks. While there is no single standard that applies worldwide, lines built to handle speeds above or upgraded lines in excess of are widely considered to be high-speed. The first high-speed rail system, the Tōkaidō Shinkansen, began operations in Japan in 1964 and was widely known as the bullet train. High-speed trains mostly operate on standard gauge tracks of continuously welded rail on grade-separated rights of way with large radii. However, certain regions with wider legacy railways, including Russia and Uzbekistan, have sought to develop a high speed railway network in Russian gauge. There are no narrow gauge high-speed trains; the fastest is the Cape gauge Spirit of Queensland at . Many countries have developed, or are currently building, high-speed rail infrastructure to connect major citie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
