Corporate Governance

The SNCB articles of association are heavily influenced by its legal status as a public limited company under public law (Société anonyme de droit public). As such, SNCB is primarily subject to the Law of 21 March 1991 on the reform of certain economic public companies. For matters not covered by this Law, it is subject to the Company Code.

In the world in which we operate, corporate governance is a major issue demanding careful attention and rules of the utmost t ransparency. The SNCB, as a public company, firmly follows this corporate responsibility movement towards better management and improved control of its activities. In view of its public service duties, SNCB has a direct social responsibility towards its main shareholder – the State – and its customers: members of the public who travel by train.

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