Swiss Federal Railway is the national railway company of Switzerland. It is usually referred to by the initials of its German, French and Italian names, either concatenated as SBB CFF FFS, or used separately. The company is headquartered in Bern. It used to be a government institution, but since 1999 it has been a special stock corporation whose shares are held by the Swiss Confederation or the Swiss cantons. Swiss Federal Railways is divided into four divisions and eight groups. The divisions manage and develop the relevant operational business. These divisions are:
Passenger traffic, Cargo, Infrastructure, Real estate
The groups serves however the purpose of managing and controlling the company and supporting the operational business of the divisions with service and support function. These groups are:
Finance, HR, IT, Communications, Corporate Development, Safety & Quality, Legal and Compliance, Supply Chain Management
The corporation is led in an entrepreneurial 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-kilometre are defined. 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 SAS. To maintain 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, document and photographic archives, and the SBB poster collection.