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Private company

Metrovías

Logo: Unknown (Vector graphics image by Fma12 ) This W3C-unspecified vector image was created with CorelDRAW ., Public domain, via Wikimedia Commons3

Argentinian privately owned railway company

Metrovías S.A. is an Argentine privately held company that operates the Metropolitan services of the Urquiza Line. 90% of Metrovías' shares are held by Grupo Roggio. Metrovías was also operator of the Buenos Aires Underground from 1995 to December 2021, when "Emova Movilidad S.A." took over the concession of the service for 12 years.2 It employed 4,500 people in 2008.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1994Founded1

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J30 710 Bf Federico Lacroze, M.U.3887
Photo: Falk2, CC BY-SA 4.0, via Wikimedia Commons5

Metrovías S.A. is an Argentine privately held company that operates the Metropolitan services of the Urquiza Line. 90% of Metrovías' shares are held by Grupo Roggio. Metrovías was also operator of the Buenos Aires Underground from 1995 to December 2021, when "Emova Movilidad S.A." took over the concession of the service for 12 years. Emova is also part of the Roggio Group and also associated with Metrovías.2

Corporate structure

Metrovías sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Metrovías Buenos Aires
    • Emova Subsidiary · Argentina

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Metrovías reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

  • Emova

Things Wikidata records the company as owning, with the share when stated.1

The story

On 1 January 1994, Metrovías took over the concession, granted by the Argentine government as part of railway privatisation during the presidency of Carlos Menem, for the operation of the standard gauge Urquiza Line commuter rail service in Buenos Aires, Argentina. The Metrovías consortium comprised Burlington Northern, Morrison-Knudsen and two Argentinian companies. This service had previously been run by the state-owned Ferrocarriles Argentinos as part of the General Urquiza Railway since the nationalisation of the railways in 1948. In addition Metrovías took over the management of the Buenos Aires Underground system and the Buenos Aires PreMetro when they were privatised in 1994.

The Urquiza Line operates from Federico Lacroze to General Lemos stations. Formerly it had a total of 108 stations, 72.9 kilometres of track, with 692 carriages that transport 283.8 million passengers per year, when Metrovías had the Urquiza and Underground concessions. The company has approximately 3,000 employees.

From 2004 to 2013 the company also formed part of UGOFE, a consortium with Trenes de Buenos Aires and Ferrovías, which took over the running of commuter rail services on the Belgrano Sur Line, Roca Line and San Martín Line after concessions granted to Metropolitano S.A. for the operation of these services were revoked.

In December 2021, a new company, "Emova Movilidad S.A." (formed by Metrovías and the Roggio Group) took over the concession of the Buenos Aires Underground, for a period of 12 years.

From Wikipedia’s article on Metrovías, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Owners

Also owns

  • Emova

From Wikidata.1

Employees over time

  • 20084,5001

Timeline

  1. 1994Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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