ČD Cargo
ČD Cargo, a.s. is a state-owned Czech railway operator.History
On 1 December 2007 dominant Czech railway operator České dráhy spun off its freight operations into newly established subsidiary ČD Cargo. Value of transferred long term assets with original accounting value amounting to CZK 4.8 bn was increased by evaluation difference CZK 5.5 bn calculated by advisory company YBN CONSULT. As a result, ownership equity amounted to CZK 9.1 bn and registered capital CZK 8.8 bn was entered into the Commercial register.
