TRANSPORT MINISTRY
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Transport Ministry-Owned Companies Posted RON650M Profit In 2014
The companies subordinated to the Transport Ministry posted total profit of almost 650 million lei (EUR147 million) in 2014, after having posted total losses of RON460 million in 2013.
Transport Ministry Mulls Restoring Road-Rail Bridge In Olt County For EUR10M
Romanian Transport Ministry plans to restore a road-rail bridge in Olt county, between Slatina and Piatra Olt, a project valued at 43 million lei (EUR9.7 million), VAT included, according to...
Romania Gets EUR1.3B From EU To Upgrade Railway, Ports
Romania’s Transport Ministry has been allotted EUR1.3 billion in European funds to upgrade the railway linking Craiova to Calafat, a EUR400 million investment, and modernize 16 ports.
Liberals Nominate Candidates For Transport Portfolio
The Romanian Liberal Party nominated MP Nini Sapunaru and MEP Ramona Manescu for the Transport portfolio and the propositions will be presented to Prime Minister Victor Ponta.
Transport Ministry Rejects CFR Management Plan
Romania’s Transport Ministry has rejected the management plan proposed by the Executive Board of state-owned railway operator CFR SA, which will lead to the termination of the board members’...
Privatization Announcement For CFR Marfa To By Published In Early-April - Minister
The Romanian Transport Ministry will publish the privatization announcement for state-owned freight railway carrier CFR Marfa on 6 or 8 April, the head of the ministry said Thursday.
Just One Bid Received For Romanian Port Operator IPO
Romania’s Transport Ministry has received just one bid from brokerage Swiss Capital for its planned initial public offering of 5% in the Constanta maritime port operator at the Black Sea.
Transport Ministry Expects To Raise RON270M Through CFR Marfa Privatization
Romania’s Transport Ministry expects to raise at least 268.75 million lei (EUR61.5 million) through the sale of a majority stake (51%) in state-owned freight company CFR Marfa, and the sum d...
Transport Ministry Budget Up 40% In 2013, To RON7.3B
Romania’s Transport Ministry will have a budget of 7.29 billion lei (EUR1.67 billion) in 2013, up 40% from RON5.18 billion in 2012, according to the draft state budget for 2013.