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This is an incomplete list of the world's railway operating companies listed alphabetically by continent and country. This list includes companies operating both now and in the past.
In some countries, the railway operating bodies are not companies, but are government departments or authorities.
Particularly in many European countries beginning in the late-1980s, with privatizations and the separation of the track ownership and management from running the trains, there are now many track-only companies and train-only companies.