Trans-Ochran Rail Consortium
| State-owned enterprise | |
| Industry | Railroads |
| Predecessor | Uluujol Rail Authority |
| Founded | 1895 |
| Founder | Khagan |
| Headquarters | , |
Area served | Ochran Uluujol, Jhengtsang, Chagadalai |
The Trans-Ochran Rail Consortium is a group of railroad lines that have been consolidated by the crown of Uluujol, with some minority interests maintained by acquired organizations and partner states. The consortium manages almost all international rail traffic between the primary termini at Maesan in the east and Sirik in the west, as well as practically all rail traffic on several ancillary lines to Xiwangguo, Jhengtsang, and Chagadalai.
The consortium operates as a corporation with a board of directors that appoints the rail executives. The shareholders include the owners of acquired railroad companies and the government-owned subsidiaries of states with access to the rail network, although Uluujol retains a plurality of shares.
History
The Trans-Ochran Rail Consortium dates back to the Uluujol Rail Authority, established in 187 by decree of Khagan Tarkan VI to administer the Trans-Ochran Railroad, at the time still under construction. Upon the completion of the original primary line (which connected Sirik in the west to Kunming in the east) in
Structure
Thirty percent of issued shares are owned by Uluujol's Khaganate Rail Authority, which is the founding body of the consortium. During all of the private acquisitions and nationalizations of various rail companies, the KRA issued shares to itself, maintaining a majority of shares until it began to partner with foreign governments to expand and develop the rail. The Daitoa Republic is the next largest share holding with fifteen percent, though it has the smallest section of the railroad, followed by Chagadalai with seven percent, Jhengtsang with eight percent, and another thirty percent held by private individuals and corporations. The final ten percent of shares are given to the employees of the rail worker's union.