Ferrocarriles Argentinos - Break-up and Privatisation

Break-up and Privatisation

In 1991 it was divided, with the Buenos Aires metropolitan services being grouped in Ferrocarriles Metropolitanos S. A. (FEMESA). The major freight line, the Ferrocarril General Manuel Belgrano, was kept by the state until it was given to the railway workers' trade union, the Unión Ferroviaria and renamed the Belgrano Cargas. The second biggest line, the Mitre Cargas, was granted by concession in December 1992 to Nuevo Central Argentino S. A. (NCA). The Railroad Development Corporation is another concessionary, under the name of América Latina Logística (ALL).

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