Belgian Railways SNCB to be split soon
The Belgian government announced in March that national railways SNCB (turnover of €3.7 billion in 2003, with 42,000 staff members) will be split into two companies soon:
- one responsible for managing the infrastructure,
- other in charge of operating services.
A new holding owning the two sister companies will be set up. This evolution, which takes into account the European regulations on railways, is part of a broader plan Move 2007, which aims to cut operational deficit by 2007 through 3,000 lay-off.