TRANSPORT MINISTRY
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Transport Ministry Wants To Upgrade Three Road Sections For About EUR65M
Romania’s Transport Ministry wants to upgrade three national road sections in southeastern Romania, and the investment is estimated at 272.14 million lei (about EUR64.8 million), VAT include...
Transport Ministry To Select Advisor For Tarom IPO By End September
Romanian Transport Ministry will select by end September the legal advisor and broker for the sale of a 20% stake in state-run airline Tarom.
Romania To Spend EUR85M To Repair 183 Km Of Road
Romania's Transport Ministry will allot around 360 million lei (EUR84.7 million) for repairs on five road segments, with a total length of 183.5 km, in the counties Caras-Severin, Timis, Ial...
Transport Ministry To Take Over Telecomunicatii CFR, Through Debt-Equity Conversion
Romania's Transport Ministry will take over Telecomunicatii CFR, a branch of state railway administrator CFR SA which provides telecom infrastructure, after the company settles part of its 2...
Transport Ministry Sees Privatization Revenues Triple To RON50M
The Romanian Transport Ministry will revise its privatization budget this year and expects it will obtain revenues of 52.5 million lei (about EUR12.3 million), mainly from dividends, triple...
Romania Sets Up Single Transport Checkup Body
Romania’s single road transport checkup body, called the State Inspectorate for Road Transport Control (ISCTR), will start its activity on December 4, according to a draft decree put forward...
Romania To Raise Fines In Railway Sector Up To 60 Times
Romania's Transport Ministry will increase its fines in the railway and subway transport sectors, charged to employees and companies, by as much as 60 times their current level, up to a maxi...
Boagiu: State-Owned Transport Companies Losses Down 23% From Targets
The operational losses incurred by the Romanian Transport Ministry's companies decreased 23% in the first half of the year compared to the targets agreed upon with the International Monetary...
Transport Ministry Seeks Financing For Transylvania Highway Section
Romania’s Ministry of Transport will fund the 254-kilometer long Targu Mures-Bors section of the Transylvania Highway but is seeking financing solutions for the Targu Mures-Brasov section, a...