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DB Netz AG
DB Netz AG is a major subsidiary of Deutsche Bahn that owns and operates a majority of the German railway system (2019: 33,291 km). It is one of the largest railway infrastructure manager by length and transport volume of its network. The company was established in the course of the second stage of the German rail reform as a subsidiary of Deutsche Bahn AG. DB Netz is headquartered in Frankfurt and it has seven regional divisions ("Regionalbereiche", RB) and a central division. The locations of its regional headquarters are Berlin (RB east), Frankfurt (RB central), Duisburg (RB west), Hanover (RB north), Karlsruhe (RB southwest), Leipzig (RB southeast) and Munich (RB south). DB Netz AG is profitable from route fees but receives extensive public funding for maintaining, developing and extending the network of European and federal transportation routes. It was included in the brand DB Netze when Deutsche Bahn was reorganised into three major divisions covering passengers, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
