Founding Nederlandse Spoorwegen

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former ns headquarters, utrecht


the ns founded in 1938 when 2 largest dutch railway companies, hollandsche ijzeren spoorweg-maatschappij (hsm) , maatschappij tot exploitatie van staatsspoorwegen (ss), formally merged. these 2 companies had been intensively cooperating 1917. there both economic , ideological reasons cooperation.


as result of first world war, dutch economy had declined causing hsm , ss fall profitability. given national importance, allowing them slip bankruptcy not considered acceptable. while remaining independent companies, hsm , ss improved overall efficiency cooperatively integrating operations. dutch government further supported hsm , ss purchasing shares in both firms. in 1938, government merged 2 companies form nederlandse spoorwegen (ns). in process, government bought remaining shares, yet never nationalized company. therefore, ns remained, , still is, private company solely owned dutch government..







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