The European Commission has adopted the 2014‑2020 Large Infrastructure Operational Programme (LIOP) for Romania, which is an important investment package worth nearly €9.5 billion from the EU Regional Funds to be invested in transport, environment and energy projects. This is almost half of the €23 billion allocated to Romania under
Tag "Romania"
Romania may list a majority stake in CFR Marfa on Bucharest Stock Exchange
Romanian Government is rethinking the privatisation strategy of the state owned railway freight operator CFR Marfa and is considering selling a 51% stake on Bucharest Stock Exchange (BVB). According to ministry of transport state secretary Iulian Matache, this approach to the privatisation of CFR Marfa is a much clearer and transparent solution. However this approach is
Read Full Article
Regiotrans, Romania’s largest private rail passenger operator ceases operations, has suspended its operations until further notice. The Romanian Railway Safety Authority has cancelled its operator licence due to several technical issues identified in 29 railcars, according to the local press. Regiotrans has a fleet of 68 railcars, 10 push pulls and 10 LE locomotives. RegioTrans launched
The privatization process of the Romanian state-owned rail freight operator CFR Marfa will be completed in 2016, following the agreement signed with the International Monetary Fund, stated by Ioan Rus, Minister of Transport. Present at the inauguration of Deutsche Bahn Accounting Center for Europe in Bucharest, Rudiger Grube, CEO of Deutsche Bahn, stated that
Romanian state owned infrastructure manager, CFR SA and Hill International N.V.- lead consortium have signed a RON 8.4 million (EUR 1.9 million) consultancy services contract for the verification of the technical project, execution details and the supervision of the construction works for the project Rehabilitation of Frontieră (Border) – Curtici –
Romania has submitted 14 transport projects worth over EUR 1.18 billion to be financed under the “Connecting Europe Facility” (CEF) programme, a statement from the Ministry of European Funds (MFE) informs. In the railway sector, EUR 890 million have been requested for the modernisation of Braşov-Apata and Cata-Sighişoara railway sections, part of Brasov – Sighisoara
The latest version of the Transport Master Plan foresees investments totalling EUR 19 billion until 2030. The projects will focus on rehabilitation of 3.219 km of railway lines and 1.131 km of railways with economic potential, for the electrification of all sectors of the TEN-T core network (425 km), the development of high-speed railway sections (over
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
Romanian locomotive manufacturer Softronic and Hungarian company LAC Holding have signed a letter of intent to build a locomotive plant in Hungary. The new facility will be built by the end of next year, and will begin production in 2016. In first phase, various parts and electronic components will supplied by Softronic and
Romanian state owned infrastructure manager, CFR SA has signed three contracts worth RON 47.4 million (EUR 10.7 million) for bridges and culverts rehabilitation works for Constanţa, Braşov and Timişoara regional subsidiaries. Bilfinger Baugesellschaft mbH was awarded a RON 8.2 million (EUR 1.8 million) contract for the rehabilitation of two bridges and two culverts on SRCF Constanţa railway
1 2 3 4 Next Page
Log in to access railway data
