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SR Corporation
SR Corporation (, formerly Suseo High Speed Rail Corporation), also known as Supreme Railways, is a South Korean rail operator that operates high-speed rail services. It manages three stations and its trains call at 17 stations. History * Dec 2013 : Establishment of Suseo High Speed Rail Corporation(수서고속철도주식회사, 水西高速鐵道株式會社) * June 2014 : Change of company name to SR Corporation * July 2014 : Joined The Korea Railway Association * Dec 2016 : Started running SRT(Super Rapid Train) * Feb 2019 : Categorized as a Public Enterprise(준시장형 공공기관) Services The Super Rapid Train (SRT) is a high-speed rail service operated by SR. The service currently consists of two routes, Suseo–Busan route and Suseo–Mokpo route. The ticket price is around 10% lower than KTX Korea Train eXpress (), often known as KTX (), is South Korea's high-speed rail system, operated by Korail. Construction began on the high-speed line from Seoul to Busa ...
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Rail Transport
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles ( rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer ...
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Gangnam-gu
Gangnam District ( ; , ) is one of the 25 local government districts which make up the city of Seoul, South Korea. Gangnam translates to "South of the (Han) River". Gangnam District is the third largest district in Seoul, with an area of . As of the 2017 census, Gangnam District had a population of 561,052. There is a high concentration of wealth in the district, with prices for an apartment as of 2020 nearly double those in the rest of Seoul. Gangnam district is generally referred to as a part of Gangnam School District Eight (강남 8학군), along with Seocho District. This district shares half of Gangnam-daero Gangnam Station area with Seocho District, which is one of the most crowded places in Korea. Administration Gangnam is one of two '' gu'' that make up the Greater Gangnam Area with neighboring Seocho District. The Gangnam District office has designated two smoke-free zones within the district. The first is the section of Gangnam Boulevard between exit No. 2 of G ...
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Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of the 1948 constitution. According to the 2020 census, Seoul has a population of 9.9 million people, and forms the heart of the Seoul Capital Area with the surrounding Incheon metropolis and Gyeonggi province. Considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC), Seoul was the world's fourth largest metropolitan economy in 2014, following Tokyo, New York City and Los Angeles. Seoul was rated Asia's most livable city with the second highest quality of life globally by Arcadis in 2015, with a GDP per capita (PPP) of around $40,000. With major technology hubs centered in Gangnam and Digital Media City, the Seoul Capital Area is home to the headquarters of 15 ''Fo ...
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Super Rapid Train
The Super Rapid Train, often known as SRT, is a high-speed rail service operated by SR Corporation. The service starts at Suseo station in southeast Seoul and terminates at either Busan station or Mokpo station. Around 86% of the train service runs 50 meters underground between Suseo and Cheonan-Asan stations. Dongtan station, the first station after departing from Suseo, is the first underground high-speed railway station in Korea. The SRT runs the Seoul–Busan route 8 minutes faster than KTX as it travel exclusively on dedicated Suseo–Pyeongtaek high-speed railway, Suseo–Pyeongtaek, Gyeongbu high-speed railway, Gyeongbu and Honam high-speed railway, Honam HSR lines. The Suseo-Pyeongtaek HSR line was built exclusively for this service. Branding Before official announcement by SR, Ministry of Land, Infrastructure and Transport (South Korea), Ministry of Land, Infrastructure and Transport used tentative term called ''Suseo High-speed Railway (수서고속철도)''. On Octo ...
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Korail
The Korea Railroad Corporation (Korean: 한국철도공사, Hanja: ), branded as KORAIL (코레일, officially changed to in November 2019), is the national railway operator in South Korea. Currently, KORAIL is a public corporation, managed by Ministry of Land, Infrastructure and Transportation. KORAIL operates intercity/regional, commuter/metro and freight trains throughout South Korea, and has its headquarters in Daejeon. History Historically, the South Korean railway network was managed by the ''Railroad Administration Bureau'' of the Ministry of Transportation before 1963. On 1 September 1963, the bureau became an agency that was known as ''Korean National Railroad'' (KNR) in English. In the early 2000s, split and public corporatization of KNR was decided by the South Korean government, and in 2003, KNR adopted the current KORAIL logo in blue to prepare corporatization. On 1 January 2005, KNR was split into ''Korea Railroad Corporation'' (KORAIL), which succeeded ra ...
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Industrial Bank Of Korea
Industrial Bank of Korea (IBK; ) is a state-owned bank headquartered in Jung-gu, Seoul, South Korea. Under the Industrial Bank of Korea Act, IBK was established to promote small and medium-sized businesses and improve their economic status by providing an efficient credit system. International Locations * Cambodia (Phnom Penh) * Mainland China (Beijing, Shenzhen, Qingdao, Shenyang, Wuhan, Suzhou, Tianjin, and Yantai) * Hong Kong (Hong Kong Island) * India (New Delhi) * Indonesia * Japan (Tokyo) * Myanmar (Yangon) * Philippines (Metro Manila) * United Kingdom (London) * United States (New York) * Vietnam (Hanoi and Ho Chi Minh) See also * Economy of South Korea * List of Banks in South Korea * Hwaseong IBK Altos Hwaseong IBK Altos ( ko, 화성 IBK 기업은행 알토스) is a South Korean women's professional volleyball team founded in 2011. In the 2012−13 V-League season, just one year after the team was founded, the club won both the regular season ... References E ...
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Korea Development Bank
Korea Development Bank (KDB Bank, SWIFT: KODBKRSE) is a wholly state-owned policy development bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development of Korea. As a 61st biggest global bank (The Banker Top 1000 World Bank List in 2018), KDB Bank has not only fostered the growth of strategic industries but also facilitates the turnaround of troubled companies through restructuring and provides capital for strategic development projects. Since 2000, it has diversified into investment banking services and operates as a CIB (Commercial and Investment Bank). Nevertheless, it is a major restructuring player and has saved a lot of big companies during major financial crisis, especially in 1997 Asian financial crisis and Financial crisis of 2007–2008. Offices (as of December 2018) Domestic Branch : 69 locations in South Korea International Subsidiary (5) : China (Hon ...
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Korea Train Express
Korea Train eXpress (), often known as KTX (), is South Korea's high-speed rail system, operated by Korail. Construction began on the high-speed line from Seoul to Busan in 1992. KTX services were launched on April 1, 2004. From Seoul Station the KTX lines radiate with stops at Seoul Station, Yongsan station towards Busan and Gwangju. A new line from Wonju to Gangneung was completed in December 2017 to serve the 2018 Winter Olympics in Pyeongchang. Top speed for trains in regular service is currently , though the infrastructure is designed for . The initial rolling stock was based on Alstom's TGV Réseau, and was partly built in Korea. The domestically developed HSR-350x, which achieved in tests, resulted in a second type of high-speed trains now operated by Korail, the KTX Sancheon. The next generation KTX train, HEMU-430X, achieved 421.4 km/h in 2013, making South Korea the world's fourth country after Japan, France and China to develop a high-speed train running on c ...
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Railway Companies Of South Korea
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in Track (rail transport), tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on Railroad tie, sleepers (ties) set in track ballast, ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower friction, frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The rail transport operations, operation is carried out by a ...
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Railway Companies Established In 2013
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles (rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer facili ...
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Companies Based In Seoul
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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