*** Welcome to piglix ***

Trenes de Buenos Aires

Trenes de Buenos Aires
Sociedad Anónima
Industry Public transport
Fate Dissolved
Predecessor FEMESA
Successor UGOMS
Founded 1995
Founder Claudio and Mario Cirigliano
Defunct 2012; 5 years ago (2012)
Headquarters Argentina
Area served
City of Buenos Aires
Greater Buenos Aires
Services Rail transport
USD 135,1 million (1998)
Owner Grupo Plaza
Number of employees
4,340
Divisions Mitre
Sarmiento

Trenes de Buenos Aires (TBA) (In English: Trains of Buenos Aires) was a private company that operated commuter rail services over 5 ft 6 in (1,676 mm) broad gauge Sarmiento and Mitre lines of Buenos Aires. The company, owned by Claudio and Mario Cirigliano, also operated long-distance services on the General Mitre Railway to central-western Argentina and on the General Urquiza Railway to northern Argentina and Uruguay on the international Tren de los Pueblos Libres.

From 2004 to 2012 TBA - a company part of the Plaza Group, controlled by the Cirigliano family- also formed part of the consortium Unidad de Gestión Operativa Ferroviaria de Emergencia (UGOFE) which operated other commuter rail services in Buenos Aires. In more recent years, the company has become synonymous with the collapse of the railways in Argentina under privatisation and the company is under numerous investigations and legal proceedings.

TBA was established in 1995 after the Carlos Menem's administration privatised all the railway network, giving the company concession to operate the metropolitan Mitre and Sarmiento railway lines by Decree N° 730/95. The company took over both lines on 27 May.

During the first two years of concession, TBA met the requirements specified on the contract, about the frequency of the service, with an average of 98%. By February 1999 the consortium had invested USD 200 million, which included the reconstruction of 220 Toshiba carriages and the remodelling of 13 stations and workshops. In addition, a new ticket selling system was introduced with the installation of automated counters.


...
Wikipedia

...