Knowledge

SR Corporation

Source 📝

198: 868: 802: 29: 259:
The Super Rapid Train (SRT) is a high-speed rail service operated by SR Corporation; it was launched on 9 December 2016. By January 2021, the service consisted of two routes, Suseo–Busan and Suseo–Mokpo. For 2020, SR Corporation achieved a market share of 29 percent upon these two routes against the
244:
In December 2022, it was announced that the planned merger between SR Corporation and Korail, a move that the latter had strongly advocated for, had been abandoned. During January 2023, Lee Jong-guk, SR’s newly appointed CEO, announced that the company would be pursuing greater independence from its
232:
services, paying 50 percent of its sales revenue against the KTX's 34 percent. SR Corporation has claimed that its presence has increased competition, driving down ticket prices and raising service quality overall, while also contributing to repay the accumulated debts from the construction of
236:
Throughout SR Corporation's existence multiple proposals have been mooted for merging it with Korail. In 2017, a taskforce organised by the Ministry of Land, Infrastructure and Transport reviewed one such merger initiative; the terms of the envisioned merger were publicly opposed by SR's
264:
service. Ticket prices have typically been cheaper than KTX equivalents, the average price being around 10% cheaper in late 2016. The SRT runs the Seoul-Busan route eight minutes faster than KTX. In August 2019, amid a souring of trade relations between South Korea and
245:
majority shareholder, Korail; furthermore, that a comprehensive review of all existing contracts would be conducted. Specific areas of independence include a planned expansion of internal maintenance of rolling stock, including component production.
228:(Super Rapid Train) services, initially running between Suseo–Busan on a newly-opened high speed line. Being an open-access operator, it is charged more for track access by the to the Korea Rail Network Authority than those imposed on Korail's 213:水西高速鐵道株式會社) in December 2013. It was founded with the ambition of increasing competition in the South Korean railway sector and end the monopoloy on Korean passenger operations by the national passenger operator incumbent 181:(Super Rapid Train) services on an open-access basis. By January 2021, the company's services called at 17 stations, three of which it managed directly. The merger of SR Corporation and the national passenger operator 269:, SR Corporation announced that it would replace all Japanese components present in its rolling stock with locally-produced counterparts; efforts are being made to reduce reliance on other exporters such as 972: 106: 791: 947: 1106: 519: 389: 358: 175:
The company was established in December 2013 and adopted its current name in June 2014. In December 2016, SR Corporation officially launched its
1091: 784: 1050: 189:
services. Recent initiatives have included the greater use of local component production and the in-housing of rolling stock maintenance.
1045: 419: 327: 890: 1086: 777: 672: 626: 592: 938: 694: 185:
has been repeatedly mooted and fallen through; presently the company remains an independent competitor to the incumbent's
468: 1096: 823: 574: 241:. During December 2018, the South Korean government announced the revival of plans to combine the two entities. 511: 381: 1101: 1055: 350: 1009: 607: 1019: 441: 411: 319: 294: 738: 769: 8: 1004: 999: 994: 818: 645: 489: 261: 1060: 714: 664: 547: 852: 254: 177: 90: 967: 962: 957: 952: 649: 493: 76: 709: 542: 1014: 933: 905: 876: 847: 814: 611: 155: 895: 217:. During June 2014, it was announced that the company name would be changed to 124: 47: 139: 1080: 986: 982: 739:"S. Korean train operator seeks to replace Japanese parts with Korean parts" 1029: 913: 885: 837: 469:"KTX: South Korea's high-speed rail network goes from strength to strength" 143: 172:, is a South Korean rail operator that operates high-speed rail services. 16:
Operator of Super Rapid Train (SRT) high-speed rail service in South Korea
1024: 918: 274: 238: 197: 1065: 764: 842: 757: 270: 923: 806: 214: 182: 129: 112: 867: 801: 832: 266: 80: 221:; one month later, it joined the Korea Railway Association. 799: 28: 229: 186: 568: 566: 627:"Supreme Rail pushes for more independence from Korail" 505: 503: 646:"New SR railway company to launch super rapid trains" 563: 224:
In December 2016, SR Corporation officially launched
500: 205:The organisation was originally established as the 595:. Railway Gazette International. 5 December 2018. 1078: 737:Hee-seok, Choi; Eun-joo, Lee (28 August 2019). 736: 107:Ministry of Land, Infrastructure and Transport 785: 593:"Korail-Supreme Railways merger plan back on" 484: 482: 480: 478: 159: 575:"Supreme Rail merger with Korail postponed" 75:Heerim Building, 12 Gwangpyeong-ro 56-gil, 1107:South Korean companies established in 2013 792: 778: 687: 379: 348: 662: 605: 490:"KTX and SR merger faces rough prospects" 475: 351:"[단독]수서고속철도→에스알→?…SR 6년만에 이름 바꾸나" 196: 643: 1079: 665:"[철도의날 특집] 수도권고속철도 운영기업 (주)SR" 644:Jackson, Julie Kim (5 December 2016). 382:"Supreme Railways fights for survival" 330:from the original on 26 September 2020 1092:Railway companies established in 2013 773: 624: 572: 509: 675:from the original on 20 January 2021 663:Byung-kyu, Sun (21 September 2016). 522:from the original on 20 January 2021 422:from the original on 20 January 2021 392:from the original on 20 January 2021 361:from the original on 20 January 2021 608:"Merger of KORAIL and SR postponed" 606:Kyung-min, Lee (20 December 2022). 512:"Korea opens Suseo high-speed line" 466: 13: 973:East Sea & Santa Village Train 710:"수서고속철 내달 9일 개통…117년만에 철도경쟁시대 열린다" 543:"수서고속철 내달 9일 개통…117년만에 철도경쟁시대 열린다" 14: 1118: 749: 707: 540: 380:Briginshaw, David (1 June 2018). 207:Suseo High Speed Rail Corporation 166:Suseo High Speed Rail Corporation 39:Suseo High Speed Rail Corporation 1087:Railway companies of South Korea 866: 800: 697:. fitchratings.com. 18 May 2021. 573:Tebay, Andy (23 December 2022). 27: 730: 701: 656: 637: 618: 599: 585: 534: 510:Tebay, Andy (9 December 2016). 467:Lee, Juhyung (10 August 2017). 349:Jeong-hwan, Lim (2 July 2020). 625:Tebay, Andy (9 January 2023). 460: 434: 404: 373: 342: 312: 287: 160: 1: 939:Korail Tourist train Services 280: 805:passenger train services of 233:Korea’s high-speed network. 7: 248: 10: 1123: 708:윤, 보람 (20 November 2016). 631:International Rail Journal 579:International Rail Journal 541:윤, 보람 (20 November 2016). 516:International Rail Journal 471:. globalrailwayreview.com. 386:International Rail Journal 252: 192: 1038: 981: 932: 904: 875: 864: 813: 135: 123: 97: 86: 71: 53: 43: 35: 26: 1097:Companies based in Seoul 855:(operated by subsidiary 824:KTX lines and services 202: 59:; 10 years ago 57:December 27, 2013 1010:Gyeongui–Jungang Line 200: 412:"Exclusive Stations" 1102:South Korean brands 1039:Discontinued Trains 1005:Seoul Subway Line 4 1000:Seoul Subway Line 3 995:Seoul Subway Line 1 948:Rail Cruise Haerang 201:SR Logo (2014~2024) 23: 765:Online reservation 741:. pulsenews.co.kr. 715:Yonhap News Agency 548:Yonhap News Agency 203: 21: 1074: 1073: 1020:Suin–Bundang Line 255:Super Rapid Train 168:), also known as 149: 148: 91:Super Rapid Train 1114: 870: 804: 794: 787: 780: 771: 770: 761: 760: 758:Official website 743: 742: 734: 728: 727: 725: 723: 705: 699: 698: 691: 685: 684: 682: 680: 660: 654: 653: 650:The Korea Herald 641: 635: 634: 622: 616: 615: 603: 597: 596: 589: 583: 582: 570: 561: 560: 558: 556: 538: 532: 531: 529: 527: 507: 498: 497: 494:The Korea Herald 486: 473: 472: 464: 458: 457: 455: 453: 438: 432: 431: 429: 427: 408: 402: 401: 399: 397: 377: 371: 370: 368: 366: 346: 340: 339: 337: 335: 316: 310: 309: 307: 305: 291: 170:Supreme Railways 163: 162: 77:Gangnam District 67: 65: 60: 31: 24: 20: 1122: 1121: 1117: 1116: 1115: 1113: 1112: 1111: 1077: 1076: 1075: 1070: 1034: 1015:Gyeongchun Line 977: 936: 928: 906:Inter-city rail 900: 877:Limited express 871: 862: 848:KTX-Cheongryong 821: 815:High-speed rail 809: 798: 756: 755: 752: 747: 746: 735: 731: 721: 719: 706: 702: 693: 692: 688: 678: 676: 661: 657: 642: 638: 623: 619: 612:The Korea Times 604: 600: 591: 590: 586: 571: 564: 554: 552: 539: 535: 525: 523: 508: 501: 496:. 14 July 2017. 488: 487: 476: 465: 461: 451: 449: 446:www.srail.or.kr 440: 439: 435: 425: 423: 410: 409: 405: 395: 393: 378: 374: 364: 362: 347: 343: 333: 331: 318: 317: 313: 303: 301: 293: 292: 288: 283: 257: 251: 195: 142: 63: 61: 58: 17: 12: 11: 5: 1120: 1110: 1109: 1104: 1099: 1094: 1089: 1072: 1071: 1069: 1068: 1063: 1058: 1056:Commuter Train 1053: 1048: 1042: 1040: 1036: 1035: 1033: 1032: 1027: 1022: 1017: 1012: 1007: 1002: 997: 991: 989: 979: 978: 976: 975: 970: 965: 960: 955: 950: 944: 942: 930: 929: 927: 926: 921: 916: 910: 908: 902: 901: 899: 898: 896:ITX-Cheongchun 893: 888: 882: 880: 873: 872: 865: 863: 861: 860: 850: 845: 840: 835: 829: 827: 811: 810: 797: 796: 789: 782: 774: 768: 767: 762: 751: 750:External links 748: 745: 744: 729: 700: 686: 655: 636: 617: 598: 584: 562: 533: 499: 474: 459: 433: 416:SR Corporation 403: 372: 341: 324:SR Corporation 311: 299:SR Corporation 295:"Shareholders" 285: 284: 282: 279: 253:Main article: 250: 247: 219:SR Corporation 194: 191: 152:SR Corporation 147: 146: 137: 133: 132: 127: 121: 120: 119: 118: 117: 116: 110: 103:Shareholders: 99: 95: 94: 88: 84: 83: 73: 69: 68: 55: 51: 50: 48:Rail transport 45: 41: 40: 37: 33: 32: 22:SR Corporation 15: 9: 6: 4: 3: 2: 1119: 1108: 1105: 1103: 1100: 1098: 1095: 1093: 1090: 1088: 1085: 1084: 1082: 1067: 1064: 1062: 1059: 1057: 1054: 1052: 1049: 1047: 1044: 1043: 1041: 1037: 1031: 1028: 1026: 1023: 1021: 1018: 1016: 1013: 1011: 1008: 1006: 1003: 1001: 998: 996: 993: 992: 990: 988: 987:Commuter rail 984: 983:Rapid transit 980: 974: 971: 969: 966: 964: 961: 959: 956: 954: 951: 949: 946: 945: 943: 940: 935: 934:Tourist train 931: 925: 922: 920: 917: 915: 912: 911: 909: 907: 903: 897: 894: 892: 889: 887: 884: 883: 881: 878: 874: 869: 858: 854: 851: 849: 846: 844: 841: 839: 836: 834: 831: 830: 828: 825: 820: 816: 812: 808: 803: 795: 790: 788: 783: 781: 776: 775: 772: 766: 763: 759: 754: 753: 740: 733: 717: 716: 711: 704: 696: 695:"SR Co., Ltd" 690: 674: 671:(in Korean). 670: 666: 659: 651: 647: 640: 632: 628: 621: 613: 609: 602: 594: 588: 580: 576: 569: 567: 550: 549: 544: 537: 521: 517: 513: 506: 504: 495: 491: 485: 483: 481: 479: 470: 463: 447: 443: 437: 421: 417: 413: 407: 391: 387: 383: 376: 360: 357:(in Korean). 356: 352: 345: 329: 326:(in Korean). 325: 321: 315: 300: 296: 290: 286: 278: 276: 272: 268: 263: 256: 246: 242: 240: 234: 231: 227: 222: 220: 216: 212: 208: 199: 190: 188: 184: 180: 179: 173: 171: 167: 157: 153: 145: 141: 138: 134: 131: 128: 126: 122: 114: 111: 108: 105: 104: 102: 101: 100: 96: 92: 89: 85: 82: 78: 74: 70: 56: 52: 49: 46: 42: 38: 34: 30: 25: 19: 1030:Donghae Line 914:Mugunghwa-ho 886:ITX-Saemaeul 856: 838:KTX-Sancheon 732: 720:. Retrieved 713: 703: 689: 677:. Retrieved 668: 658: 639: 630: 620: 601: 587: 578: 553:. Retrieved 546: 536: 524:. Retrieved 515: 462: 450:. Retrieved 445: 436: 424:. Retrieved 415: 406: 394:. Retrieved 385: 375: 363:. Retrieved 354: 344: 332:. Retrieved 323: 314: 302:. Retrieved 298: 289: 258: 243: 235: 225: 223: 218: 210: 206: 204: 176: 174: 169: 165: 151: 150: 144:etk.srail.kr 72:Headquarters 18: 1025:Seohae Line 919:Saemaeul-ho 879: : ITX 718:(in Korean) 551:(in Korean) 448:(in Korean) 275:Netherlands 239:trade union 211:수서고속철도주식회사, 164:, formerly 158::  140:srail.or.kr 1081:Categories 1051:Bidulgi-ho 722:17 January 679:20 January 669:Kukto Ilbo 555:17 January 526:20 January 452:17 January 426:20 January 396:20 January 365:20 January 334:20 January 281:References 260:incumbent 64:2013-12-27 1066:DMZ Train 1061:Sea Train 1046:Tongil-ho 891:ITX-Maum 817: : 673:Archived 520:Archived 420:Archived 390:Archived 359:Archived 355:Newdaily 328:Archived 273:and the 249:Services 115:(41.05%) 109:(58.95%) 87:Services 44:Industry 36:Formerly 968:V-Train 963:S-Train 958:G-Train 953:A-Train 843:KTX-Eum 320:"SR 연혁" 271:Germany 193:History 136:Website 62: ( 54:Founded 985:& 924:Nuriro 807:Korail 442:"SR연혁" 304:2 July 215:Korail 183:Korail 156:Korean 130:Korail 125:Parent 113:Korail 98:Owners 833:KTX-I 267:Japan 93:(SRT) 81:Seoul 724:2022 681:2021 557:2022 528:2021 454:2022 428:2021 398:2021 367:2021 336:2021 306:2024 853:SRT 819:KTX 262:KTX 230:KTX 226:SRT 187:KTX 178:SRT 161:에스알 1083:: 857:SR 712:. 667:. 648:. 629:. 610:. 577:. 565:^ 545:. 518:. 514:. 502:^ 492:. 477:^ 444:. 418:. 414:. 388:. 384:. 353:. 322:. 297:. 277:. 79:, 941:) 937:( 859:) 826:) 822:( 793:e 786:t 779:v 726:. 683:. 652:. 633:. 614:. 581:. 559:. 530:. 456:. 430:. 400:. 369:. 338:. 308:. 209:( 154:( 66:)

Index


Rail transport
Gangnam District
Seoul
Super Rapid Train
Ministry of Land, Infrastructure and Transport
Korail
Parent
Korail
srail.or.kr
etk.srail.kr
Korean
SRT
Korail
KTX

Korail
KTX
trade union
Super Rapid Train
KTX
Japan
Germany
Netherlands
"Shareholders"
"SR 연혁"
Archived
"[단독]수서고속철도→에스알→?…SR 6년만에 이름 바꾸나"
Archived
"Supreme Railways fights for survival"

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.