Swiss Federal Railways, usually abbreviated in English using the German SBB (German: SBB, Schweizerische Bundesbahnen; French: CFF, Chemins de fer fédéraux suisses; Italian: FFS, Ferrovie federali svizzere; Romansh: Viafiers federalas svizras; VFS (Romansh) is not in official use) is the national railway company of Switzerland headquartered in Bern. Formerly a government institution, since 1999 it is a special stock corporation with all shares held by the Swiss Confederation or the Swiss cantons. The corporation is led in an enterpreneural manner. A performance agreement between Swiss Federal Railways and the Swiss Confederation defines the requirements and is updated every four years. At the same time the compensation rates per train and track-
Subsidiary SBB GmbH is responsible for passenger traffic in Germany. It operates the Wiesentalbahn and the Seehas services.
Further subsidiaries are Thurbo, RegionAlps, AlpTransit Gotthard AG, Cisalpino AG and TiLo (the latter in consortium with Italian authorities). The Swiss Federal Railways hold significant shares of the Zentralbahn and Lyria.
To take care of the historical heritage, the Stiftung Historisches Erbe der SBB ("SBB Historic") was founded in 2002. This foundation takes care of the historic rolling stock and runs a technical library in Bern, a historic archive, a photo archive and the SBB poster collection.