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RET tram in Rotterdam (Photo: Spoorjan/Wikimedia Commons) - Credit: RET tram in Rotterdam (Photo: Spoorjan/Wikimedia Commons)
Business
financially sustainable
government subsidies
increased passengers
passengers traveling without tickets
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RET
Rotterdam
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trams
Wednesday, 30 December 2015 - 16:40
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Rotterdam subway, trams becoming more financially sustainable

Rotterdam public transporter is becoming more financially sustainable. From 2017 the transporter will no longer need subsidies from the government to keep its subways and trams running, a first for the Netherlands, the Telegraaf reports. RET's financial stability can largely be attributed to a significant increase in passengers, especially on the subway, and a low percentage of passengers traveling without tickets. After the introduction of the public transport card and access gate, this percentage dropped from over 12 percent to less than 1 percent. The subway connection between Rotterdam and The Hague in the mornings is especially busy. In 2006 about 10 thousand people used that connection per day, that is now up to 40 thousand a day, according to RET.

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