- Eurostar (U.K.) Ltd.
Eurostar (UK) Limited or EUKL is a subsidiary of
London and Continental Railways (LCR). It is responsible for the British share of the jointEurostar operation along with NMBS/SNCB (Belgium) andSNCF (France).EUKL began as "European Passenger Services" (EPS), a division of
British Rail . ThePrivatisation of British Rail saw EPS sold to LCR as part of the1996 deal with the UK government to build and operateHigh Speed 1 betweenLondon and theChannel Tunnel .In
1998 LCR ran into major financial problems and appealed to the UK government for support, seeHigh Speed 1#Background for details.As part of the resulting reorganisation a management contract for EUKL was to be awarded. Two bids for the contract were submited by
Virgin Group and "InterCapital and Regional Rail" (ICRR). ICRR won the award. Shareholders in ICRR are
*National Express Group (40%),
*SNCF (35%)
*NMBS/SNCB (15%)
*British Airways (10%).
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