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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] |
Ofoten Line
The Ofoten Line ( no, Ofotbanen) is a rail transport, railway line in Narvik, Norway. It runs from the Port of Narvik to Riksgränsen on the Norway–Sweden border, where the line continues as the Malmbanan, Ore Line via Kiruna and Gällivare to Luleå. The Ofoten Line is single track (rail), single track, electrified at and has seven stations. The line only connects to the rest of the rail transport in Norway, Norwegian railway network via Sweden. The main traffic is up to 12 daily freight trains operated by Malmtrafik that haul iron ore from Sweden to Narvik. In addition, CargoNet operates container trains, branded as the Arctic Rail Express (ARE), and SJ AB, SJ operates passenger trains, including a night train to Stockholm. Construction of the Ofoten Line started in 1898 along with the Ore Line from Riksgränsen to Kiruna. They were completed in 1902, allowing LKAB to haul ore from their mines in Kiruna to the ice-free Port of Narvik. Operation and ownership of the line was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SJ Dm3
Dm and Dm3 is a series of locomotives used by Swedish State Railways ( sv, Statens Järnvägar, SJ) and later Malmtafik i Kiruna (MTAS) for pulling iron ore trains on the Iron Ore Line in Sweden and Ofoten Line in Norway. A total of 39 double-locomotives (Dm) were delivered between 1954 and 1971, built by ASEA. A further 19 center locomotives (Dm3) were later delivered. Norwegian State Railways also operated 12 similar locomotives, designated NSB El 12. The Dm is a articulated, freight-optimized version of the Da-locomotive. History The iron ore trains on the Iron Ore Line between Luleå in Sweden and Narvik in Norway were originally operated by the Of class locomotives, based on the earlier O-series locomotives first used on the line from 1914. In order to replace these locomotives, SJ chose to order new locomotives for the Iron Ore Railway based on the new Da class locomotives being ordered at the time. An initial twenty-four twin-section locomotives, designated the Dm cla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LKAB
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] |
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] |
Luossavaara–Kiirunavaara
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] |
NSB El 15
NSB El 15 is a class of electric locomotives which are now operated by the Norwegian company Grenland Rail. The locomotives were originally built for the Norwegian State Railways (NSB) in 1967 to replace the NSB El 3 and NSB El 4 engines on Ofoten Line. The main task there is to pull heavy iron ore freight trains, and the El 15 is the most powerful engine which NSB has ever used. History After the electrification of Ofotbanen in 1923 NSB had been using El 3 and El 4 stock on the line. But in the 1960s these were getting worn out, and NSB decided that it needed to get new stock. NSB first acquired the El 12 stock parallel to the Swedish acquisition of the Dm3 locomotive. But unlike Statens Järnvägar, NSB chose to instead buy a newer technology locomotive from ASEA, based on the Romanian CFR 060 EA. Thus NSB managed to get the same power out of their two-engined El 15s as the Swedish got out of their three-engined Dm3s. Since the locomotives were to be operated in pairs, NSB c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
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