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Ferrovías S.A.C. is a privately owned company which, on 1 April 1994, took over the concession, granted by the Argentine government as part of railway privatisation during the presidency of Carlos Menem, for the operation of the 1,000 mm (3 ft 3 ⅜ in) ( metre gauge)
Belgrano Norte Line The Belgrano Norte line is a commuter rail service in Buenos Aires, Argentina run by the private company Ferrovías since 1 April 1994. This service had previously been run by the state-owned General Belgrano Railway since nationalisation of ...
commuter rail service in
Buenos Aires Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South ...
,
Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...
. From 2004 to 2014 the company also formed part of UGOFE, a consortium with
Metrovías Metrovías S.A. is an Argentine privately owned company that operates the Buenos Aires Underground and the Metropolitan services of the Urquiza Line. 90% of Metrovías' shares are held by Grupo Roggio. History On 1 January 1994, Metrovías took ...
and
Trenes de Buenos Aires Trenes de Buenos Aires (TBA) (In English: Trains of Buenos Aires) was a private company that operated commuter rail services over the broad gauge Sarmiento and Mitre lines of Buenos Aires. The company, owned by Claudio and Mario Cirigliano, als ...
, which took over the running of commuter rail services on the Belgrano Sur, Roca and San Martín lines in Buenos Aires after concessions granted to
Metropolitano Metropolitano S.A. was a privately owned consortium formed in 1994 to take over concessions granted by the Argentine government as part of railway privatisation during the presidency of Carlos Menem for the operation of commuter rail services i ...
S.A. for the operation of these services were revoked. UGOFE was dissolved in 2013. Ferrovías operated the
Puerto Madero Tramway Puerto, a Spanish word meaning ''seaport'', may refer to: Places *El Puerto de Santa María, Andalusia, Spain *Puerto, a seaport town in Cagayan de Oro City, Philippines *Puerto Colombia, Colombia *Puerto Cumarebo, Venezuela *Puerto Galera, Orient ...
,Webb, Mary (ed.) (2009). ''Jane's Urban Transport Systems 2009–2010'', p. 4. Coulsdon, Surrey (UK):
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. .
in the
Puerto Madero Puerto Madero, also known within the urban planning community as the Puerto Madero Waterfront, is a barrio of Buenos Aires in Argentina in the central business district, occupying a significant portion of the Río de la Plata riverbank and repres ...
district of
Buenos Aires Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South ...
, from July 2007 until its closure in October 2012. Outside of Argentina, the company also operates the Lima Metro in
Peru , image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = National seal , national_motto = "Firm and Happy f ...
.


History


Privatization of the Argentine railway system

By the end of the 1980s all the railway system in Argentina was privatized by the national government. The metropolitan services were privatized since March 1991. A new company – Ferrocarriles Metropolitanos S.A. (
FEMESA Ferrocarriles Metropolitanos S.A. (also known for its acronym FEMESA) was a company set up by the Argentine government in 1991, during the presidency of Carlos Menem, to oversee the privatisation of commuter rail services within the city of Bue ...
) – was established to operate the suburban services until the railway lines were given in concession to their respective operators.


Ferrovías takes over

On April 1, 1994, Ferrovías S.A.C. took over the Línea Belgrano Norte. During the first year of operation, the line carried 14,800,000 passengers. The main plan of the concession were based on 3 objectives: * To improve the infrastructure of track, bridges and level crossings and signal system and traffic control in all the stations of the line. * The maintenance of locomotives and coaches in good conditions. * To reduce travel time between head stations (Retiro and Villa Rosa), increasing also the number of coaches. Due to the investments, the number of passengers carried increased to 36 million during 1999 and 2000. In 2008 it was increased to 45,830,200 passengers. The General Auditing Office released a report indicating that the subsidies given by the State to Ferrovías were misappropriated to other companies of the holding which received them as "loans". In 2011 Ferrovías received subsidies for a total of A$ 368,3 million. In addition to the remodeling of the stations, this comprehensive renovation includes improvements to the tracks and signage in the station area, which will allow improvements in train circulation. The works were awarded in November 2017 and at the end of March 2018 the works began.


References


External links

* {{DEFAULTSORT:Ferrovias Railway companies of Argentina Emepa Group Rail transport in Buenos Aires Province