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SR Corporation information


SR Corporation
FormerlySuseo High Speed Rail Corporation
IndustryRail transport
FoundedDecember 27, 2013; 10 years ago (2013-12-27)
HeadquartersSuseo Hyosung Building, Gangnam-gu, Seoul
ServicesSuper Rapid Train (SRT)
Owners
  • Shareholders:[1][2]
    • Korail (41.0%)
    • Teacher's Pension (31.5%)
    • Industrial Bank of Korea (15.0%)
    • Korea Development Bank (12.5%)
Websitesrail.co.kr

SR Corporation (Korean: 에스알, formerly Suseo High Speed Rail Corporation),[3][4] also known as Supreme Railways,[5] is a South Korean rail operator that operates high-speed rail services.

The company was established in December 2013 and adopted its current name in June 2014. In December 2016, SR Corporation officially launched its SRT (Super Rapid Train) services on an open-access basis. By January 2021, the company's services called at 17 stations, three of which it managed directly.[6] The merger of SR Corporation and the national passenger operator Korail has been repeatedly mooted and fallen through; presently the company remains an independent competitor to the incumbent's KTX services. Recent initiatives have included the greater use of local component production and the in-housing of rolling stock maintenance.

  1. ^ "Shareholders". SR Corporation. Archived from the original on 20 January 2021. Retrieved 20 January 2021.
  2. ^ "SR Co., Ltd". fitchratings.com. 18 May 2021.
  3. ^ "SR 연혁". SR Corporation (in Korean). Archived from the original on 26 September 2020. Retrieved 20 January 2021.
  4. ^ Jeong-hwan, Lim (2 July 2020). "[단독]수서고속철도→에스알→?…SR 6년만에 이름 바꾸나". Newdaily (in Korean). Archived from the original on 20 January 2021. Retrieved 20 January 2021.
  5. ^ Briginshaw, David (1 June 2018). "Supreme Railways fights for survival". International Rail Journal. Archived from the original on 20 January 2021. Retrieved 20 January 2021.
  6. ^ "Exclusive Stations". SR Corporation. Archived from the original on 20 January 2021. Retrieved 20 January 2021.

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