With 30 employees, the transport company managed to boost its net profit to RON20 million last year, from RON2.9 million in the previous year.

For 2023, the company’s officials have budgeted a slightly lower turnover, of RON470 million. E-P Rail has earmarked RON50 million for investments, with the most important projects envisaging the purchase of rolling stock, railcars and locomotives.

E-P Rail was established in 2013 and is 67% held by Radu Gabriel Gheorghiu, with the rest owned by Express Group in Slovakia. E-P Rail has subsidiaries in Slovakia, Slovenia, Hungary, Austria and Germany, the corporate website says.

(English version by Catalina Apostoiu)