Government agency | |
Industry | Rail transport |
Genre | Track (rail transport) |
Fate | Active |
Predecessor | Banestyrelsen |
Founded | 1997 |
Headquarters | Copenhagen, Denmark |
Area served
|
All of Denmark |
Key people
|
Jesper Hansen |
Revenue | 885 mio. € |
Total assets | 12.33 bn € |
Owner | Danish Ministry of Transport |
Number of employees
|
2,200 (2012) |
Website | www.bane.dk |
Banedanmark (previously Banestyrelsen) is a Danish company responsible for maintenance and traffic control of most of the Danish railway network. Branched off from DSB as a government agency in 1997. From 2004 to 2010 Banedanmark was a state-owned company under the Danish Ministry of Transport. In 2010 Banedanmark once again became a government agency under the Danish Ministry of Transport.
In 2008, Banedanmark announced plans for the conversion of signalling across the entire national network to European Train Control System (ETCS) Level 2. This was necessitated by the near obsolete nature of parts of the network. In 2009 the Danish government approved funding of €3.3 billion over several years to Banedanmark for the project, with projected completion in 2021. This makes Denmark the first European country to attempt a complete conversion of a national network to ETCS Level 2.