World Library  
Flag as Inappropriate
Email this Article

Belgrano Cargas

 

Belgrano Cargas

Belgrano Cargas S.A. is a company which operates a 10,841 km (6,736 mi) gauge freight rail network in Argentina, built by the state-owned Ferrocarril Central Norte and the French-owned Ferrocarril Provincial de Santa Fe, which became part of Ferrocarril General Manuel Belgrano after railway nationisation in 1948.

Overview

The network extends through the provinces of Buenos Aires, Santa Fe, Córdoba, Mendoza, Santiago del Estero, San Juan, La Rioja, Catamarca, Tucumán, Chaco, Formosa, Salta and Jujuy, operates 120 locomotives and 3,500 railway cars, and employs 1,500 workers, whose jobs are guaranteed by the government. In 2007, it transported nearly one million tons of merchandise.

As part of a national railway privatisation plan, carried out under the presidency of Carlos Menem from 1999, a 30 year concession to operate the network was granted to the union of railway workers, Unión Ferroviario (51%), and Laguna Paiva (48%), an industrial cooperative, on 16 November 1999. The government retained a 1% golden share and the right to elect one director.

Following problems with the concession it was decided to reprivatise the network in 2004, with 79% of the company remaining in private hands, 20% going to the Unión Ferroviario and 1% retained by the state.

In 2013, the government nationalised the railway again.[1]

References

  • Belgrano Concession Signed, International Railway Journal, Sept. 1999.

External links

  • Argentine Government Web-site.
  • Network map.
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 



Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.