Drammens Elektriske Bane
Drammens Elektriske Bane (lit: Drammens Electric Rail) was a Norwegian company that operated the Drammen trolleybus between December 15, 1909 and April 30, 1916. The company was started by M. Magnus, Otto Aubert and Olaf Berger in 1908 and built the initial 7.7 km of trolleybus line in Drammen with a capital of NOK 140,000. The company had good economy until World War I when the company ran into great economic problems. They initially tried to solve the problem by increasing the ticket price from 10 øre to 15 øre and a 25% discount on electricity from the municipality, but could not meet their obligations. The remains of the company were taken over by A/S Trikken.
| Industry | Transport |
|---|---|
| Fate | Bankrupt |
| Successor | A/S Trikken |
| Founded | 1908 |
| Defunct | 1916 |
| Headquarters | Drammen, Norway |
mini
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.