FREIGHT
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Carrier Frigoexpress Expects 10% Growth From International Contracts
Oradea-based road freight carrier Frigoexpress expects the new contracts signed with customers in Germany, France and Switzerland to drive its business up 10% this year, says Florian Mihut,...
DB Schenker Rail Romania To Hire 100
Railroad freight carrier DB Schenker Rail Romania will hire 100 people this year to staff the local center that has become a regional hub handling the freight from Western Europe on route to...
Lazar Group Bets On Growth For Next Year And Plans To Build Railroad Terminal
Lazar group based in Pitesti, one of the largest road transportation businesses in Romania, will end this year with EUR94 million revenue, slightly up on last year and founder Ion Lazar hope...
Frigoexpres Ends H1 With RON21M Revenue
Oradea-based freight shipping company Frigoexpres, which went insolvent last August, ended the first half of the year with 21 million lei (EUR4.8 million) revenue, down 36% in lei on the yea...
Coface: Road Freight Transporters Raise Revenue But Deepen Losses
Road freight transporters have increased their revenues recently but not their earnings, as the freight transport sector continues to register losses, according to a Coface analysis.
DB Schenker Rail Romania Revenue Up To EUR27M in 2013
Rail freight carrier DB Schenker Rail Romania, part of the German Deutsche Bahn group, ended last year with EUR27 million revenue, up 35% on 2012, according to company officials and ZF calcu...
How Romania Could Turn Danube Into Its Main Access Way Into Europe
With only 645 kilometers of highway and the railway that is lacking in various respects, Romania could turn the Danube into its main access way into Europe, considering 40% of the navigable...
Dunca Expeditii Expects High Single Digit Growth In 2014
Dunca Expeditii, one of the largest road freight carriers in Romania, forecasts a growth of 5% to 10% in revenue next year, as a result of the fleet expansion in 2013, owner Romeo Dunca told...
Carrier Dunca Expeditii Expects 10% Revenue Growth, Lower Profit In 2013
Dunca Expeditii, one of the largest trucking companies in Romania, will end the year with EUR36 million revenue, up 10% on 2012, while net profit would be lower because of the fuel price hik...