SNCF de fer", literally, 'path of iron', means railway). These were the: The French state originally took 51% ownership of SNCF and invested large amounts of public subsidies into the system. Today, SNCF is wholly owned by the French state. Following the 1940 Armistice and until August 1944, SNCF was requisitioned for the transport of German armed forces and armaments. The invading German troops were responsible for the destruction of nearly 350 French railway bridges and tunnels. According to differing estimates, SNCF surrendered between 125,000-213,000 wagons and 1,000-2,000 locomotives. France's railway infrastructure and rolling stocks were a target for the French
China Railway Group Limited China Railway Group Limited China Railway Group Limited known as CREC (the acronym of its predecessor and parent company China Railway Engineering Corporation) is a Chinese construction company which floats in Shanghai and Hong Kong stock exchanges. The major shareholder of the company is the state-owned China Railway Engineering Corporation (CRECG). By revenue, CREC is the largest construction company in the world in the 2015 "Engineering News-Record" "Top 225 Global Contractors". In 2016, CRECG ranks in the 57st place among "Fortune" Global 500 Enterprises and the 7th place among Top 500 Chinese Enterprises. CREC holds a large share of the