ÖBB Class X552
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ÖBB Class X552
The Austrian Federal Railways ( , formally or () and formerly the or ''BBÖ'' ), now commonly known as ÖBB (), is the national railway company of Austria, and the administrator of Liechtenstein's railways. The ÖBB group is owned entirely by the Republic of Austria, and is divided into several separate businesses that manage the infrastructure and operate passenger and freight services. The Austrian Federal Railways has had two discrete periods of existence. It was first formed in 1923, using the ''Bundesbahn Österreich'' name, as a successor to the Imperial Royal Austrian State Railways (kkStB), but was incorporated into the ''Deutsche Reichsbahn'' during the 1938–1945 Anschluss. It was reformed in 1947, under the slightly different name ''Österreichische Bundesbahnen'', and remains in existence in this form. Major changes currently being made to the Austrian railway network are the construction of the Koralm Railway, the Semmering Base Tunnel and the ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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