Railtrack
Sign in to saveRailtrack 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.
Wikidata facts
- Instance of
- railway infrastructure manager
- Country
- United Kingdom
- Headquarters
- London
- Industry
- rail infrastructure
- Legal form
- public limited company
Show 5 more facts
- replaced by
- Network Rail
- dissolved, abolished or demolished date
- 2002-00-00
- inception
- 1994-00-00
- replaces
- British Rail
- Commons category
- Railtrack plc
Sources (2)
via Wikidata · CC0
~19 min read
Encyclopedic overview
13 sectionsContents
- History
- Background and founding
- Issues and controversies
- Administration
- Transfer of assets to Network Rail
- Liquidation
- Compensation
- Litigation
- Payments to shareholders
- Management
- See also
- References
- External links
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.
==History==
Excerpted from Wikipedia’s “Railtrack” article, available under the CC BY-SA 4.0 licence.