Think Railways

    Romanian consortium in the tender for Budapest metro cars modernisation

Romanian consortium in the tender for Budapest metro cars modernisation

Romanian companies Electroputere VFU – Reloc Craiova, part of Grampet Group, and Astra Passenger Coaches (Arad) are participating in the EUR 205 million tender launched by Budapest Transport Company (BKV) to modernise 222 metro cars, with an option of further 42 cars. The consortium has submitted the documentation for the first stage in

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    CFR Marfa estimates over EUR 5 million profit in 2014

CFR Marfa estimates over EUR 5 million profit in 2014

Romanian state-owned railway freight operator, CFR Marfa estimates for 2014 a profit of RON  23.69 million (EUR 5.2 million), an income of RON 1.11 billion and expenses of RON 1.09 billion. The company has unpaid debt of over RON 208.5 million and receivables of RON 450.7 million. The Ministry of

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    Improved financial results in 2014 for Romanian CFRs

Improved financial results in 2014 for Romanian CFRs

Romanian state-owned railway companies, CFR SA, CFR Marfa and CFR Calatori have posted increased operational results y.o.y. , stated Ioan Rus, Minister of Transport. CFR SA, the infrastructure manager,  has reduced its debts by 50.53% compared to the same period in 2013, from RON 1,490 million lei in September 2013 to RON 737 million

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    Think Railways report on Bucharest underground operator

Think Railways report on Bucharest underground operator

Metrorex SA is the state-owned joint-stock company, under the authority of the Ministry of Transportation, operating the underground transport in Bucharest. The company manages a network of approximately 70 km, structured on four metro lines, 51 metro stations and four depots. Metrorex operates over 60 metro trains/day and carries over 650,000 passengers/day. The underground transport has a market share

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    Eight more CAF metro units for Bucharest underground

Eight more CAF metro units for Bucharest underground

Metrorex, the Bucharest metro system operator, has approved CAF the extension of the contract to supply metro units for the Romanian capital. This extension consist in the supply of 8 new metro units, to add to the 16 units first awarded to CAF in September 2011, which are currently in

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    CFR Marfa trims loss by 87%

CFR Marfa trims loss by 87%

Romanian state-owned railway freight operator CFR Marfa reported a turnover of RON 681.3 million (EUR 155 million)  in January-September 2014, up 3% on the year, while its loss narrowed by 87% to RON 17.7  million (EUR 4 million), down from RON 135.3 million (EUR 30 million) in the same period

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    CFR Calatori posts 24.5% increased turnover in H1 2014

CFR Calatori posts 24.5% increased turnover in H1 2014

CFR Calatori turnover rose by 24.5% to RON 970 million (EUR 221 million) in H1 2014 compared to previous year. The Romanian railway state-owned passenger operator reported a profit of RON 56 million (approximately EUR 13 million), over a loss of RON 139 million (EUR 35.6 million) in 2013. In H1 2014,

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