|
Société Des Transports Intercommunaux De Charleroi
The Société des Transports Intercommunaux de Charleroi (''Charleroi Intercity Transport Company''), abbreviated and referred to as STIC, was a company operating a local and regional public transport network in Charleroi, Belgium. The company was active from 1962 until 1991, when it was merged with the Charleroi part of the Vicinal tramway, SNCV to form the Société Régionale Wallonne du Transport, TEC Charleroi, the current public transport company in Charleroi. History Tramways Electriques du Pays de Charleroi et Extensions (TEPCE) Charleroi saw its first horse towed tramways in 1881, but it wasn't until 6 years later (1887) that the Vicinal tramway, SNCV began operating three tramway lines in Charleroi. In the meantime, another company, the SCVB (''Société des chemins de fer vicinaux belges'' - ''Belgian vicinal railways company'') had begun operating its own lines. The SCVB contract was transferred to RELSE (''Railways Economiques de Liège-Seraing et Extensions'') in 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
