engleski

Development of European railways with small operation scope based on value management of railway companies

The development of railway traffic everywhere in the world, including the European countries, is based on the provision of transportation services over longer distances and on the transport of larger quantities of cargo, i.e. larger number of passengers. In order to increase the market share in the total transport of passengers and cargo, Directive 449/91/EEZ on the railway development was adopted in 1991 which is based on the financial separation of the area of railway transport from the area of railway infrastructure, as well as on the financial consolidation of the railway companies in order to insure the operational liquidity ; all in order to open up the railway market. This orientation of the railway traffic development in the EU gave advantage in its very beginning to the European railway companies with large operational scope that feature faster market development and acquire competitive advantage over railway companies with smaller operational scope. In order to survive on the open railway market, the railways with smaller operational scope have been searching for various strategic orientations and organisational forms. The state of the railways with small operational scope is even worse than in “big” railway companies: obsolete railway infrastructure, insufficient number and poor quality of railway vehicles, obsolete operation methods and insufficiently modernised management – these are the most important weaknesses recognised in the European transport policy. One of the possible searches for solutions includes the usage of simulation in the company asset value management which divides its activities into three basic groups: 1) creation of the strategy ; 2) determining the activities of the basic areas of work i.e. organisational units in the companies and systemic company asset value management through coordination of activities among the company areas ; and 3) measuring the business success, usage of various analyses of the market condition and the forecasts necessary for systemic influence on the company development and the increase of capital.

railway companies; development; Capstone simulation

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