Genre Track (rail transport) Predecessor Banestyrelsen CEO Jesper Hansen (Apr 2006–) Founded 1997 | Fate Active Total assets 12.33 billion EUR | |
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Owner Danish Ministry of Transport | ||
Banedanmark the railway of tomorrow
Banedanmark (previously Banestyrelsen) is a Danish company responsible for maintenance and traffic control of most of the Danish railway network. Branched off from DSB as a government agency in 1997. From 2004 to 2010 Banedanmark was a state-owned company under the Danish Ministry of Transport. In 2010 Banedanmark once again became a government agency under the Danish Ministry of Transport.
In 2008, Banedanmark announced plans for the conversion of signalling across the entire national network to European Train Control System (ETCS) Level 2. This was necessitated by the near obsolete nature of parts of the network. In 2009 the Danish government approved funding of €3.3 billion over several years to Banedanmark for the project, with projected completion in 2021. This makes Denmark the first European country to attempt a complete conversion of a national network to ETCS Level 2.