TRANSPORT
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Romania To Push Back Listing 5% In State Transport Companies By 18 Months
Romania's Transport Ministry has requested a one year and a half postponement on the listing of 5% stakes in seven companies under its authority, including the Bucharest Airport Company and...
Coface: Road Transporters Prone To Insolvency
Road transporters face fragile liquidity and are very exposed to negative shocks such as non-payment of receivables or declining sales, according to Coface Romania estimates.
DB Schenker: Romania’s Economy Still Has Growth Potential
The Romanian economy still has growth potential and its trend in the past year helped the business of transport and logistics companies, DB Schenker Logistics chief executive officer Albin B...
Bistrita-based Filadelfia Group Set To Expand Further In 2014
The story of Filadelfia group, a business set up in Bistrita-Nasaud county by Ioan Sighiartau, a former employee of Rombat Bistrita, started in 1999, by accident, after a request to operate...
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.
Government Spent EUR28B On Transport Infrastructure In Six Years
The value of transport infrastructure works (roads, railroads, airports, bridges or waterways) amounted to EUR27.5 billion in Romania between 2009 and 2013, according to a ZF analysis based...
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...
Owner Of Romania’s Biggest Transporter Bets On Agriculture And Intermodal Transport
Ion Lazar currently owns the biggest transporter on the Romanian market, taking into account all the seven companies that make up Lazar group of firms.