SNCF main business of the SNCF Group, which in 2017 had €33.5 billion of sales in 120 countries. The SNCF Group employs more than 260,000 people. Since July 2013, the SNCF Group headquarters are located in a Parisian suburb at 2 Place aux Étoiles in Saint-Denis. The President of the SNCF Group is Guillaume Pepy. SNCF operates almost all of France's railway system, including the TGV ("Train à Grande Vitesse", meaning "High-speed train"). In the 1970s, the SNCF began the TGV high-speed train programme with the intention of creating the world's fastest railway network. It came to fruition in 1981, when
SNCF Logistics January 2010 the total acquisition of Ermewa (a major European wagon hire business) by SNCF Geodis via the SNCF subsidiary company "Transport et Logistique Partenaires SA" was cleared by the European Commission. In December 2010, SNCF Geodis completed its purchase of ITL Eisenbahngesellschaft. As of 2010 SNCF Geodis is one of five subdivisions of SNCF. The division is organised into four spheres - Geodis (integrated logistics), STVA (car transportation logistics), Rail transport, and Asset management (rolling stock leasing): SNCF Logistics SNCF Logistics (formerly known as SNCF Geodis) is the division of the SNCF group responsible for freight transportation and logistics.