History
STCP's name originally was Serviço de Transportes Colectivos do Porto. It was created in 1946, when the municipality took over the Companhia Carris de Ferro do Porto (CCFP) (the Porto Tramways Company), which had been in operation since 1873 and, apart from a brief period in 1907–08, had provided all public transport service in Porto since 1893. The municipal government purchased CCFP under a contract option accepted by the private company in 1906. An operating concession granted to the company at that time gave it an exclusive franchise to operate public transport in Porto but included an option allowing the city to purchase the system after 35 years. It did so in 1946, adopting the name Serviço de Transportes Colectivos do Porto for the new municipal authority. In addition to trams and buses, STCP's service included trolleybuses from 1959–1997.
In 1994, STCP became a Sociedade Anónima (limited liability company), and the first word of its name was changed to "Sociedade".
Read more about this topic: Sociedade De Transportes Colectivos Do Porto
Famous quotes containing the word history:
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