IRATE

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Ihazon RailwAy Transport Empire

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File:Iratelogo.png
"Infuriatingly good"

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Established

1908 {{#if: Chairman|

Chairman

George Silverspoon {{#if: Headquarter|

Headquarter

Langenthal {{#if: Employees|

Employees

43 {{#if: Buildings|

Buildings

N/A {{#if: Asset Value|

Asset Value

K 1,451,539 {{#if: Revenue|

Revenue

K 265,686 {{#if: Net Income|

Net Income

K 24,310 {{#if: |

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Ihazon RailwAy Transport Empire (abbreviated IRATE), previously known as Ihazon RailRoads (IRR), is a railway company based in Ihazon that services all of the Thoirazon region.

History

IRR was founded in 1908 with the express purpose of constructing an industrial rail line between Slouthceister and Langenthal. The line was opened in 1910, with NS Yard becoming the country's major freight hub for its nearby harbour. This would mark the beginning of a prosperous rail age in Ihazon. In 1916, Langenthal Steelworks would become the first major steel mill in Ihazon. To provide it with iron and coal, IRR constructed rail lines to the Rabbit Valley Mining sites in Gruvania.

The railway system would continue to be used exclusively for freight until 1946, when The Parliament passed a passenger rail subsidiary bill. IRR would then construct Central Station as their main passenger hub and expand its ail system to include line connections to Summerset and Tinville.

IRATE was founded in 1946 after suggestion from Togfan, who spoke about the invention of the railway to the current Chancellor of Ihazon at the time. The idea peeked interest among many investors and shortly after a large subsidy was offered for starting railway companies. IRATE was the first of the railway companies to start up.

It amassed success and would buy up smaller railway lines across its decades of successful railway operation. It is now one of only two remaining seperate railway companies, the other being Lesko Freyt Reyl, as most competitors were bought up by IRATE along the way.