Railtrack
British railway infrastructure owner and manager (1994–2002) / From Wikipedia, the free encyclopedia
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For the generic term, see Railway track.
Railtrack was a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002. It was created as part of the privatisation of British Rail, listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index. In 2002, after experiencing major financial difficulty, most of Railtrack's operations were transferred to the state-controlled non-profit company Network Rail. The remainder of Railtrack was renamed RT Group plc and eventually dissolved on 22 June 2010.
Quick Facts Company type, Industry ...
Company type | Public |
---|---|
Industry | Rail transport |
Predecessor | British Rail |
Founded | 1 April 1994 |
Defunct | 18 October 2002 |
Fate | Renationalised |
Successor | Network Rail |
Headquarters | London, England |
Key people | John Robinson (Chairman) Gerald Corbett (CEO) |
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