Transitio AB
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Transitio AB
AB Transitio is a Swedish rail leasing company owned by Sweden's regional public transport authorities. Its main role is to procure, finance, and manage rail vehicles for use in regional and commuter rail services across Sweden. This model's aim is to enable its owners to avoid the high costs and long delivery times of direct train purchases, and to standardise rolling stock between operators. Most trains are leased from external finance companies, with Transitio as the lessee, though it owns a limited number directly. Vehicles managed by Transitio carry the owner code "ABTR". History and operations Transitio was established in 1999 as a response to the reorganisation of Sweden’s railway sector, which shifted responsibility for regional rail services from the state operator, SJ, to subsidised regional authorities. The company acts as a partner, supporting its owners throughout the lifecycle of rail vehicles, from procurement and financing to maintenance and fleet renewal. ...
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Aktiebolag
(, " stock company") is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated as "AB" (in Sweden), "Ab" (in Finland), or, rarely, "A/B" (dated), roughly equivalent to the abbreviations ''Corp.'', '' Ltd.'', and '' PLC''. The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office. Sweden All ''aktiebolag'' are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word ''publikt'' ("public") and the name of a public limited company may not contain the word ''privat'' or ''pvt.'' ("private"). Public A public limited company (''publikt aktiebolag'') is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the public on the stock market. T ...
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