Right On Track
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Government-owned corporation | |
Industry | Railroad |
Predecessor | SNCB |
Founded | 2005 |
Headquarters | Brussels, Belgium |
Key people
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Luc Lallemand |
Products | Railway Infrastructure |
Revenue | € 1.309 billion (2009) |
€ -252.16 million (2009) | |
€ 69.61 million (2009) | |
Total assets | € 13.834 billion (2009) |
Number of employees
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12,875 (2009) |
Parent | SNCB-Holding , state of Belgium |
Divisions | Infrastructure, network, network access |
Subsidiaries | TUC Rail, Brussels Creosote Centre |
Website | http://www.infrabel.be |
Infrabel is a Belgian government-owned public limited company. It builds, owns, maintains and upgrades the Belgian railway network, makes its capacity available to railway companies, and handles train traffic control. It was created on 1 January 2005 from the split of the once unitary SNCB/NMBS. On 31 December 2009, it had 12,875 employees. CEO is Luc Lallemand .
Since January 1, 2014 Infrabel is an Autonomous Public Company (no longer owned by SNCB-Holding ).
From its creation in 2008 until December 31, 2013, 93.6% of stock was owned by SNCB-Holding, representing 20% of the voting rights minus 1 vote. The remainder, 80% of the voting rights (+ 1 vote) and 6.4% of stock were controlled directly by the Belgian state, represented by the minister of the Civil Service and is a Public Companies and by the State Secretary for Mobility. EBITDA for fiscal year 2009 amounted to €55.01 million, EBT to €69.61 million. The balance sheet total as of 31 December 2009 was €13.8 billion.
As of 31 December 2009, Infrabel oversees 3,578 kilometres of railway lines, 12,218 switches, 1,913 level crossings (partly the road-side signalling), 223 railway signalling cabins, 1 traffic control, 4 workshops, 7,163 railway structures and 339 unmanned stops.
Of the 11 railway undertakings certified for the Belgian network, 6 customers effectively drove trains in 2009: SNCB, Crossrail Benelux, Veolia Cargo Nederland BV, SNCF Fret, TrainsporT AG and ERS Railways BV. 2010 numbers show that Infrabel delivered 492 freight and 4,132 passenger train paths per day.