SNCF is France’s national state-owned railway company and manages the rail traffic in France and the Principality of Monaco. SNCF operates the country’s national rail services, including the TGV, France’s high-speed rail network. SNCF employs more than 180,000 people in 120 countries around the globe. The railway network consists of about 32,000 km (20,000 mi) of route, of which 1,800 km (1,100 mi) are high-speed lines and 14,500 km (9,000 mi) electrified. About 14,000 trains are operated daily. The company has its headquarters in the 14th arrondissement of Paris, in the Rue du Commandant Mouchotte.