Czech Rep. -
České dráhy (ČD) or Czech Railways is the main railway operator in the Czech Republic. In 2010 its consolidated revenues reached CZK 41.0 billion (€1.6bn, $2.1bn). Revenues from passenger transport amounted to CZK 18.7 billion (65% transfer payments from the government, 25% intrastate transport, 10% international transport), revenues from freight transport operated by subsidiary ČD Cargo amounted to CZK 11.8 billion, revenues from traffic control invoiced to state-
The company was established in 1993, after the dissolution of Czechoslovakia as a successor of the Czechoslovak State Railways. It is a member of the International Railway Union (UIC Country Code for Czech Republic is 54), Community of European Railways and the Organization for Railways Cooperation (Asia and Europe).
Until 1 July 2008, České dráhy was the biggest employer in the Czech Republic. After experiencing regular losses and requiring government subsidies., the railway reported its first ever "profit" in 2007 although it receives government subsidies. Attempts to make it more efficient are currently ongoing and a recent plan to move passenger transport to an independent subsidiary was approved by the Czech government in January 2008.
ČD operates trains; fixed infrastructure (such as tracks) is managed by SŽDC. In December 2010, the Czech government proposed bringing SŽDC and ČD together in a single holding company. The government has also changed the subsidies available to ČD and SŽDC