The company that manages the railway, Ferrocarril de Sóller SA, was founded on 5th November 1905 with the support of all the inhabitants of Sóller. This is an emblematic company for Sóller and indeed for Mallorca as a whole, given its long history, the cultural heritage it represents and the important economic and social contribution it makes.
The franchise for the running of the railway between Palma and the Port of Sóller was to finish on 16th April 2011. Nevertheless, in 2005, the company was able to achieve an extension of this franchise for another 50 years so that, nowadays, the franchise ends in 2055. Subject to important financial investments, this extension ensures an important medium term future for the company and thus for its employees.