Great Western Trains, which does business as First Great Western, bears more than 90 million passengers annually from London's Paddington Station to western England and Wales. Places served by the company's high-speed trains include Bath, Bristol, Cardiff, the Cotswolds, Exeter, and Oxford. Through a partnership with Eurostar, passengers may buy one through fare from a First Great Western station to more than 100 stations in Belgium, France, and the Netherlands. The company has been a subsidiary of rail and bus service operator FirstGroup since 1998. Originally a subsidiary of the British Railways Board, Great Western Trains was first privatized in 1996 when it was acquired by its managers and employees.