The Société nationale des chemins de fer français is France's national state-owned railway company. Founded in 1938, it operates the country's national rail traffic along with Monaco, including the TGV, France's high-speed rail network. Its functions include operation of railway services for passengers and freight, and maintenance and signalling of rail infrastructure. The railway network consists of about 32,000 km of route, of which 1,800 km are high-speed lines and 14,500 km electrified. About 14,000 trains are operated daily.
In 2010 the SNCF was ranked 22nd in France and 214th globally on the Fortune Global 500 list. It is the main business of the SNCF Group, which in 2017 had €33.5 billion of sales in 120 countries. The SNCF Group employs more than 260,000 people. Since July 2013, the SNCF Group headquarters are located in a Parisian suburb at 2 Place aux Étoiles in Saint-Denis. The President of the SNCF Group is Guillaume Pepy.
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